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As adopted at the General Meeting in Rome, June 2017
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SmartCon will be the long-term successor for IDEA. Based on the latest Microsoft technology, it will ensure that we can continue to offer our industry-known contracts for years to come.
SmartCon is the new and improved way of working with BIMCO contracts. The biggest change is that you can finally download and have an authentic and secure version of a BIMCO contract on your own computer. Get the full overview under “Payment options and available contracts” and sign-up below, today.
IDEA is the well-known and very popular online charter party editor for using BIMCO contracts for the last decade. Since IDEA will not be here in the long term, we recommend that existing IDEA users contact us to hear about how to move from IDEA to SmartCon in the easiest and most efficient way. For these enquires, please write to smartcon@bimco.org or call product support at +45 44 36 68 22.
The new BIMCO Bunker Terms 2018 that were approved by the Documentary Committee last week in New York have now been published. Sample copies of the BIMCO Bunker Terms 2018 together with comprehensive explanatory notes are available from BIMCO’s website. Secure and authenticated Word copies are available from BIMCO’s contract editing systems IDEA and SmartCon.
BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum limit of the parties’ liabilities – a key change that will lead to wider adoption of the contract.
BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on May 2 in New York.
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