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    • BIMCO and GIIGNL Publish A Groundbreaking Voyage Charter Party For LNG Trade

    BIMCO and GIIGNL Publish A Groundbreaking Voyage Charter Party For LNG Trade

    • Posted by amv
    • on News
    • Date 13. April

    BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY – designed for the expanding LNG spot market. During the development process, BIMCO and GIIGNL consulted with the industry globally to gather a clear picture of how an LNG voyage charter party should work in practice. Careful account was taken of the interests of both owners and charterers to create a balanced and clearly worded agreement.

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