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
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
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
BIMCO and GSF join forces to promote readymade container volume contract for shippers and carriers 06 September 2017 BIMCO and the Global Shippers Forum (GSF) are working together to promote the benefits of using their jointly published SERVICECON “readymade” service contract. News story Contract
Bunker contract review begins 21 November 2016 A review of the increasingly widely used BIMCO Terms 2015 standard bunker contract began at a recent meeting held at BIMCO House. News story Contract Bunkers
Recommended amendments to bunker contracts 29 February 2016 BIMCO recommends the incorporation of wording applying the UK Sale of Goods Act 1979 to bunker purchase contracts. The BIMCO Terms 2015 Standard Bunker Contract has been updated to incorporate recommended wording. News story Contract
BIMCO launches "SUPERMAN"contract for newbuilding supervision services 15 January 2016 BIMCO has now launched a new standard contract for ship managers to provide supervision services for shipbuilding and conversion projects. The contract, code named SUPERMAN, is a valuable new addition to BIMCO's existing suite of ship management agreements. News story Press release Contract Clause
BIMCO and ISCO join forces on oil spill response contract 23 February 2016 BIMCO and the International Spill Control Organisation, ISCO, began work last week in London on developing a standard contract for the hire of spill response services and equipment. The spill response contract will be an agreement that can be used by a shipowner whose ship has caused a spill and a contractor hired to perform clean-up services... News story Contract
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
