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Ship conversion projects range from small scale modifications to full scale conversions when, for example, a ship is converted for a whole new purpose. CONVERSIONCON is designed to be scalable for both small and large projects. This is achieved using annexes and industry-familiar clauses that are found in BIMCO’s forms for shipbuilding and ship repairs – NEWBUILDCON and REPAIRCON 2018.
The Documentary Committee, under the chairmanship of Mr Francis Sarre, met in Copenhagen on 17 November in Copenhagen for its regular autumn meeting. Following two years’ intensive work involving owners, lawyers and financial institutions, a new Standard Term Sheet for Bilateral Financing was adopted.
There is a new version of BIMCO SmartCon and it combines the fast, simple and easy approach from the online version, together with the track changes and comments from Word. The editor is online and you don't need to install anything, the only requirement is that you have the latest version of a modern browser like Google Chrome and Microsoft Edge.
SmartCon is BIMCO’s online contract editor. It allows users to edit, negotiate and finalise over 150 different shipping-related documents. It includes the most popular and common contracts such as bills of lading, time and voyage charter parties as well as sale and purchase and newbuilding contracts.
