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BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
BARECON 2001 is being updated to reflect changes in commercial practice and legal development in the 15 years since it was published. At a meeting held at BIMCO House on 29 September the focus of the revision team was the hire and termination provisions.
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
Following swiftly on the heels of the recent Ocean Victory judgment by the UK Supreme Court, the BARECON revision team has reviewed the insurance clauses of this widely used contract.
