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This eBook includes a sample copy of the BARECON 2001 contract and the related explanatory notes in the latest version.
Following swiftly on the heels of the recent Ocean Victory judgment by the UK Supreme Court, the BARECON revision team has reviewed the insurance clauses of this widely used contract.
The latest editions of TOWCON, TOWHIRE and BARGEHIRE are now available on SmartCon.
The latest editions of TOWCON, TOWHIRE and BARGEHIRE are now available on SmartCon.
Under a conventional cargo time charter party, the right to suspend performance for non-payment of hire provides owners with a powerful commercial tool to leverage late hire payments. However, based on industry feedback, applying the same sanction under BARGEHIRE is impractical.
This eBook includes a sample copy of the BARECON 2017 contract and the related explanatory notes in the latest version.
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility.
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