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The updated version of SHIPMAN, BIMCO’s widely used ship management agreement, was adopted by the Documentary Committee at its meeting on 22 March in Hamburg after a two-year review process involving shipowners, managers, P&I Clubs, insurance and legal experts.
One of the services available to owner, broker and agency members is the BIMCO Company Information Service. It provides information on the standing and repute of prospective business partners, enabling members to make more informed decisions before committing themselves.
The governing bodies of the International Oil Pollution Compensation (IOPC) Funds met in London from 30 October to 2 November 2017. Donald Chard, consultant to BIMCO, reports from the meeting where BIMCO also introduced the new specialist RESPONSCON agreements.
If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provision requiring parties to a contract to clearly identify who are authorised to receive arbitration notices and communication.
Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
Venue-based clause (for use when incorporating an agreed choice of law and arbitration into a charter party or other agreement).
Allie advises clients on a wide range of marine, commercial and international matters in the offshore and energy sectors. She has extensive practical experience of both transactional and contentious work including more than 5 years working in-house for a global oilfield service company. Allie’s work comprises advising on regulatory issues, day-to-day operational matters, contracts (including charters, offshore service contracts, drilling contracts, shipyard agreements, ship agency agreements, equipment leases, product sales and license arrangements), bespoke complex projects and restructurings, disputes and crisis response.
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