Explanatory Notes
BIMCO members have access to the supporting explanatory notes.
SUPPLYTIME is a time charter party for offshore support vessels. It operates on a knock for knock liability regime, which means that each party agrees to bear responsibility for and indemnify the other in respect of loss of or damage to their own property, and injury to or death of their own personnel, regardless of fault. The latest edition of this contract is SUPPLYTIME 2017.
Copyright in SUPPLYTIME 2017 is held by BIMCO.
SUPPLYTIME Masterclass Online
8-12 September, Online
Master the industry's most widely used offshore contract from anywhere in the world. This masterclass addresses essential contractual and commercial topics, including delivery and cancellation, suspension of hire, liabilities and indemnities including the knock-for-knock principle, and how to adapt the contract for other business contexts.
