As many in the shipping industry will be aware, BIMCO – supported by ASBA and the Singapore Maritime Foundation – are in the process of preparing a new version of the NYPE Time Charter, which they hope will be published later this year. A key feature of the new form will be the incorporation of many of the usual rider clauses into the body of the charterparty itself, while maintaining the look and feel of the existing NYPE forms with which the industry is familiar.