Friday, 15th January 2010
BIMCO's Stowaways Clause for Time Charter Parties 2009 is now available for downloading. BIMCO has revised the clause to further clarify the allocation of responsibility between owners and charterers.
Owners are covered by their P&I club for costs in connection with stowaways, but this clause gives the club a recourse claim against the charterers. The clause also now includes stowaways gaining access to the vessel in relation to the cargo operation, such as hiding in grabs. Previously, the charterer's responsibility for stowaways was limited to those gaining access by concealing themselves in the cargo.
Click here for the text of the clause.
The clause has been issued in the form of a Special Circular which provides a background and explanatory notes to the revision.
Click here for a copy of the Special Circular.
Click here for the Documentary Clause section of the BIMCO website.
Source: BIMCO