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BIMCO 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.
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.
Using feedback and experience from members and the industry, BIMCO keeps all its clauses and contracts under review. We have subcommittees working on the following updates or new projects, or have reviews planned to start in the coming months.
When BIMCO’s Documentary Committee (DC) chaired by Nick Fell, meets on 22 March in Hamburg, it will be considering a contract and a clause for adoption and a number of ongoing projects for review.
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