BIMCOSALE is a standard bill of sale, which is the document used to evidence and effect the transfer of ownership in the ship from a seller to a buyer. With the delivery of the bill of sale together with the ship against payment of all sums due, ownership in vessel will be transferred. The latest edition of this document is BIMCOSALE, issued in 1978.
Copyright in BIMCOSALE is held by BIMCO.
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BIMCO has produced its own ship sale and purchase agreement - SHIPSALE 22 – with the aim of making the authoring, negotiation and execution process faster and simpler, and to provide the market with a modern and comprehensive alternative to existing sale and purchase forms.
Version 5.0, Date: April 2022.
ASBAGASVOY, the new voyage charter party for gas tankers developed jointly by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has seen a rapid uptake after its release to the market in September 2020. Christian Hoppe, BIMCO’s General Counsel, has talked to BW LPG, Petredec and Clarksons about why ASGABASVOY was their preferred choice of charter party in a recent LPG fixture.
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