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BIMCO Suite of bunkering clauses
Explanatory notes to BIMCO Suite of bunker clauses for time charterparties
In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charterparties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charterparties and the need to ensure that the risk of bunker disputes is minimised by clearly worded clauses that reflect legislative developments. The Suite of Clauses was adopted by BIMCO’s Documentary Committee at its meeting in Vancouver in June 2011.
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