Novation Agreement for Shipbuilding Contracts 17 October 2016 The Novation Agreement for Shipbuilding Contracts is an agreement between the parties to novate the shipbuilding contract from the original buyers to the new buyers on terms set out in the agreement. The latest edition of this contract is the Novation Agreement for Shipbuilding Contracts, issued in 2016. Copyright in the Novation Agreement for Shipbuilding Contracts is held by BIMCO. Contract Novation Agreement for Shipbuilding Contracts Ship building
Create a contract 08 January 2018 SmartCon will be the long-term successor for IDEA. Based on the latest Microsoft technology, it will ensure that we can continue to offer our industry-known contracts for years to come. Clause Contract IDEA SmartCon
Spill response tackled in new contract 03 July 2016 The International Spill Control Organization (ISCO) and BIMCO are working together to develop a standard contract for spill response services. The contract is expected to be published by the end of the year. News story Contract
Latest news on BIMCO's contracts and clauses 23 June 2016 Latest 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. News story Clause Contract
Cross industry group sets new standard with revised bunker contract 03 May 2018 BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum limit of the parties’ liabilities – a key change that will lead to wider adoption of the contract. News story Contract Bunkers BIMCO Bunker Terms 2018
Scalability and flexibility key to dismantling contract 26 January 2017 Dismantling offshore structures is a complex business. Producing a marine services agreement to appeal equally to oil companies and marine contractors is a challenge. But offshore specialists currently working on a new BIMCO dismantling contract believe that creating a simple yet flexible agreement that can be scaled to suit different sizes of project is the way forward. News story Contract Offshore
Tension in the Gulf: The contractual implications 05 August 2019 The recent seizures of an Iraqi oil tanker and a UK flagged ship by Iranian authorities have further increased tensions in the Gulf following earlier attacks on tankers in Fujairah and the Gulf of Oman. But what are the contractual implications for ships operating in the area? News story Clause Contract War risks United Arab Emirates Gulf of Oman Persian Gulf Strait of Hormuz
Step closer for standard response contract 13 February 2017 BIMCO is working together with the International Spill Control Organization (ISCO) to develop spill response contracts for use when an incident has occurred and a fast response is needed. News story Contract
Supplier boost for cross-industry bunker contract project 01 February 2017 The team of cross-industry bunker experts tasked with reviewing BIMCO’s standard bunker contract has been expanded to include a major physical bunker supplier. News story Contract Bunkers
New contracts launched for depositing money 22 November 2017 BIMCO has published two new contracts to assist parties when depositing money in a sale and purchase transaction and as security for a claim in a dispute. News story Contract Escrow Newbuilding Sale and purchase Standard Deposit Escrow Agreement for Ship Sale and Purchase Standard Escrow Agreement for Disputes
