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The Documentary Committee, under the chairmanship of Mr Francis Sarre, met in Copenhagen on 17 November in Copenhagen for its regular autumn meeting. Following two years’ intensive work involving owners, lawyers and financial institutions, a new Standard Term Sheet for Bilateral Financing was adopted.
Good practice guide for shipping companies and manning agents for the humanitarian. Support of Seafarers and their families in cases of armed robbery and piracy attack.
These principles are intended for the use of parties engaged in chartering and ship agency.
One of the services available to owner, broker and agency members is "intervention" to recover outstanding undisputed amounts.
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