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BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I and hull insurance. The latest edition of this contract is BARECON 2017
This eBook includes a sample copy of the BARECON 2017 contract and the related explanatory notes in the latest version.
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
16 years after its last update, the new edition of BARECON is close to completion.
BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I and hull insurance. The latest edition of this contract is BARECON 2017. Copyright in BARECON 2001 is held by BIMCO.
The latest edition of this contract is BARECON 2017. Copyright in BARECON 89 is held by BIMCO.
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
This eBook includes a sample copy of the BARECON 2001 contract and the related explanatory notes in the latest version.
SHIPLEASE is a standardised term sheet intended for use in ship sale and leaseback transactions. The term sheet has been principally developed for sale and leaseback transactions involving second-hand ships, but it can be readily adapted to fit structures involving newbuildings or vessels that are undergoing major refit. It is suitable for use for both operating and finance leases, although it may need to be adjusted as appropriate. The latest edition of this contract is SHIPLEASE, issued in 2020.
The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.
