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Improve your understanding of SHIPSALE 22 and its clauses to help you in your role.
For the first time, BIMCO has produced its own ship sale and purchase agreement. The project has taken the standards organisation just over two years to complete, involving a drafting team of nine industry specialists who provided broking, legal and commercial expertise.
SHIPSALE 22 aims to make 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.
The process has also included an extensive industry consultation that provided the drafting team with over 800 comments and suggestions on the draft agreement, ultimately resulting in a standard Memorandum of Agreement that closely follows the typical chronological sequence of events that play out in an S&P transaction.
Join us and members of the drafting for a comprehensive walk through of SHIPSALE 22 highlighting the key elements of SHIPSALE 22 you need to know.
Time: 15:00-17:00 Japan Time
The session will be delivered using SmartCon - BIMCO's contract editing system. Members of the SmartCon team will be on hand to answer any questions relating to SmartCon.
This is a physical event only and will be held in English. You can also attend an identical SHIPSALE seminar in Singapore.