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The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.
Simon Tatham of Tatham & Co reviews the rising use of the 2021 updates to BIMCO's TOWCON and TOWHIRE standard contracts.
Offshore, Project & HEAVYLIFT Masterclass Online is a series of 10 sessions each lasting 60-90 minutes. The Masterclass provides an integrated understanding of the contractual complexities involved in the multi-model transportation of super-size cargoes and the management of commercial and contractual risks and liabilities.
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.
BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution.
The updated 2024 version of BIMCO’s widely used ship management contract SHIPMAN is now available for use in SmartCon and on the BIMCO website accompanied by explanatory notes .
IDEA will be shut down at midnight between 31 December 2019 and 1 January 2020 CET. It is impossible to execute a contract using IDEA after that time.
Last week, BIMCO conducted three highly successful seminars on BIMCO’s recent GENCON 2022 voyage charter party for the dry bulk trade. The seminars , which took place Singapore, Seoul and Tokyo, were all very well attended with great engagement from a lively audience interested to know about BIMCO’s flagship contract in the dry bulk trade when it comes to voyage chartering. Almost 100 people attended the seminars in each of the three shipping centres.
BIMCO’s Documentary Committee (DC) will have a busy agenda when they meet on 5 December. The DC will consider for approval new sanctions clauses for time and voyage charter parties. They will also review progress on a new edition of GENCON and be asked to provide feedback on other projects ranging from a sale and leaseback term sheet to an accommodation support vessel charter party.
