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Latest news on BIMCO's contracts and clauses
23 June 2016Latest news about BIMCO's contracts and clauses: New novation agreements; update on revision of SUPPLYTIME, BARECON and WORLDFOOD charter parties; update on Standard Term Sheet.
New Wreck Removal Agreement provides optional risk allocation procedure
25 October 2022The introduction of QRA (Quantitative Risk Analysis) into the contracting process for maritime wreck removal operations has prompted a revision of WRECKSTAGE. QRA is used to assess risk in the operation of an engineering process to inform and guide decisions on the allocation of risk between the contracting parties and the consequent pricing ramifications.
UN agencies issue urgent call for action on crew changes
27 May 2020The heads of the maritime, labour and aviation organizations of the United Nations have issued a plea for urgent action on crew changes and for keyworker designation to pave the way for sea and air workers to be relieved and repatriated safely during the Covid-19 pandemic.
Novation Agreement for the Substitution of Time Charterers
17 October 2016The Novation Agreement for the Substitution of Time Charterers is an agreement between the parties to novate the time charter party from the original charterers to the new charterers on terms set out in the agreement. The latest edition of this contract is the Novation Agreement for the Substitution of Time Charterers, issued in 2016. Copyright in the Novation Agreement for the Substitution of Time Charterers is held by BIMCO.
SHIPMAN revision well underway
13 December 2022BIMCO is revising its popular suite of ship management and related third-party management agreements to reflect current practices in the market. First in line is SHIPMAN 2009, BIMCO’s standard form ship management agreement that may include crew, technical and commercial management as well as insurance arrangements in respect of a ship.
Novation trio approved by Documentary Committee
11 May 2016BIMCO's Documentary Committee met on 10 May in Copenhagen and approved for publication three standard novation agreements for time charter parties and shipbuilding contracts.
Syria - Ship agency tariff amendments dated 22 June 2009
28 February 2018Standard Deposit Escrow Agreement for Ship Sale and Purchase
22 November 2017The Standard Deposit Escrow Agreement for Ship Sale and Purchase is a contract for depositing money in connection with ship sale and purchase transaction. The latest edition of this contract is the Standard Deposit Escrow Agreement for Ship Sale and Purchase, issued in 2017. Copyright in the Standard Deposit Escrow Agreement for Ship Sale and Purchase is held by BIMCO.
Canada, New Brunswick, Belledune NB - Crew Issues
27 February 2018Your message was sent successfully!
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Contact Switchboard on:
+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)
