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BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
The revision of the SUPPLYTIME 2005 charter party, BIMCO’s specialised offshore support vessel contract, is close to completion.
Refund guarantees are complex legal documents and must meet the requirements of the issuing banks. BIMCO has, in close co-operation with legal and commercial experts, banks and shipyards, been working to develop a standard refund guarantee which can be used for shipbuilding contracts, such as SAJ.
Refund guarantees are complex legal documents and must meet the requirements of the issuing banks. BIMCO has, in close co-operation with legal and commercial experts, banks and shipyards, been working to develop a standard refund guarantee which can be used for shipbuilding contracts, such as SAJ.
Converted Very Large Ore Carriers (VLOC) are increasingly becoming a thing of the past with the long-term freight contracts coming to an end as newer and more reliable ships replace them in the market.
Simon Tatham of Tatham & Co reviews the rising use of the 2021 updates to BIMCO's TOWCON and TOWHIRE standard contracts.
We are very excited to announce that a “beta” version of a new SmartCon has been released. This new SmartCon combines the best of both worlds from the existing Word and Online versions. It adds the track changes and comments feature from the Word edition while offering the simple and easy approach of the Online version.