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PROJECTCON

20 September 2016

PROJECTCON is a special projects charter party for the tug and barge sector. It was designed to remove the need to use up to three different contracts for the same project when operating a tug and semi-submersible barge in combination to transport of special or projects cargoes. Instead of having one contract for the hire of the barge, another for the hire of the tug, and a third for the transportation, PROJECTCON may be used as a single contractual platform. The latest edition of this contract is PROJECTCON, issued in 2006. Copyright in PROJECTCON is held by BIMCO.

Novation Agreement for the Substitution of Time Charterers

17 October 2016

The Novation Agreement for the Substitution of Time Charterers is an agreement between the parties to novate the time charter party from the original charterers to the new charterers on terms set out in the agreement. The latest edition of this contract is the Novation Agreement for the Substitution of Time Charterers, issued in 2016. Copyright in the Novation Agreement for the Substitution of Time Charterers is held by BIMCO.

RECYCLECON

20 September 2016

RECYCLECON is a standard contract for the sale of ships for recycling in a safe and environmentally sound manner. The contract incorporates many of the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) such as the Inventory of Hazardous Materials and the Ship Recycling Plan. The latest edition of this contract is RECYCLECON, issued in 2012. Copyright in RECYCLECON is held by BIMCO.

GENTIME

20 September 2016

GENTIME is a standard time charter party developed for the dry cargo sector. The latest edition of this contract is GENTIME, issued in 1999. Copyright in GENTIME is held by BIMCO.

SUPERMAN

17 October 2016

The Standard Agreement for the Supervision of Vessel Construction, codenamed SUPERMAN, clearly sets out a ship managers’ duties and obligations when providing supervision services to a newbuilding project. It is an agency based agreement whereby the supervisors act for and on behalf of the owners. SUPERMAN is modelled on SHIPMAN 2009 and includes the same structure of liability provisions. Payment is on a “cost plus fee” basis. The latest edition of this contract is SUPERMAN, issued in 2016. Copyright in SUPERMAN is held by BIMCO.

BPTIME3

20 September 2016

BPTIME3 is a tanker charter party that was developed by BP in association with BIMCO. Copyright in this document is held by BP. The latest edition of this contract is BPTIME, issued in 2001.