11 March 2021
In a clear sign of industry support for BIMCO’s initiative to develop a new ship sale and purchase agreement, the organisation has received over 800 individual comments on its consultation draft, which will shape the final version of the agreement.
21 April 2020
SmartCon is the next generation of contract editing tools developed using the latest technology from Microsoft. We’ve built the editing features inside Word versions of our contracts to provide a seamless integration with the workflows of shipping professionals.
13 December 2017
BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I and hull insurance. The latest edition of this contract is BARECON 2017
22 November 2017
The Standard Deposit Escrow Agreement for Ship Sale and Purchase is a contract for depositing money in connection with ship sale and purchase transaction. The latest edition of this contract is the Standard Deposit Escrow Agreement for Ship Sale and Purchase, issued in 2017.
Copyright in the Standard Deposit Escrow Agreement for Ship Sale and Purchase is held by BIMCO.
18 December 2018
Matt is a partner of Hannaford Turner, having previously worked at Curtis Davis Garrard (2014-2016), Clyde & Co (2005-2014) and Clifford Chance (1993-2005). Matt’s practice focuses on commercial shipping law with particular expertise in ship finance and ship sale and purchase, including newbuilding projects. He is the co-author of Goldrein’s “Ship Sale and Purchase”, the leading legal textbook on the sale and purchase of secondhand tonnage. He was a member of the BIMCO documentary sub-committee for the preparation of Norwegian Saleform 2012. His clients include shipowners and operators, major international banks, ship builders, commodity traders and private equity funds. In addition to ship finance work, he regularly advises international maritime clients on mergers and acquisitions, joint-ventures and pooling arrangements. In recent years Matt has been heavily involved in debt finance restructurings, fleet enforcements and advising on insolvency issues. Matt is also recognised for his expertise in the superyacht market and regularly represents owners, builders and international financial institutions in this unique market sector.
08 January 2020
Paul Herring is Chairman of Ince & Co and specialises in the resolution of disputes, both in court and arbitration and has particular expertise in ship sale and purchase disputes. His expertise covers most aspects of shipping, with particular emphasis on charter party disputes, carriage of goods by sea, sale and purchase (both contentious and non-contentious) and newbuilding contracts. He also frequently acts in errors and omissions claims for chartering and sale and purchase brokers, ship managers and shipping agents. He is regularly involved in the drafting of newbuilding contracts and the resolution of disputes arising from them. He is co-author of "Sale of Ships – The Norwegian Saleform”.