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BIMCO Ship operations Technology and Innovation

Most charterparties ‘no longer fit for purpose’, says BIMCO

Contracts between shipowners and charterers use charterparties that are based on principles that were drawn up 100 years ago. They reward inefficiency and have no relevance for decarbonisation

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Industry-specific charters are ignored by brokers in favour of Gencon and NYPE 46 standard documents. Grant Hunter says simply adding more clauses to bloated charters is bad governance

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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