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ASV specific features tackled in new charter party

28 April 2020

The subcommittee developing a standard time charter party for accommodation support vessels (ASVs), at an online meeting on 23 April, continued discussions on key areas of the new contract, including offshore bunkering and how to address the concept of immediate tasks in an ASV specific context.

BIMCO adopts new tug, barge and “floating hotel” contracts

27 January 2021

BIMCO has extended its library of offshore industry standard contracts with the adoption of ASVTIME – a time charter party for accommodation support vessels. Updates of BIMCO’s ocean towage agreements – TOWCON and TOWHIRE – have also been adopted along with a new edition of its charter party for hiring unmanned barges – BARGEHIRE.

Paul-Haworth

13 October 2023

Paul has spent 14 years working in shipping and Admiralty matters. Prior to this Paul was at sea for 16 years with the last 9 years in the offshore sector, including taking command roles in DP classed vessels. Paul qualified as a solicitor in 2009 and advised on LOF and common law salvages around the UK as well as contractual disputes under the various towage contracts such as the UKSCT, TOWCON and TOWHIRE and equally SUPPLYTIME. He has regularly advised on the drafting and implementation of wreck removal contracts, acting for contractors as well as Clubs. He also gives seminars to clients on the various BIMCO and ISU contracts to assist them in choosing the most appropriate contract for their particular circumstances. Paul has recently been elected as the Secretary to the Admiralty Solicitors Group (ASG). The ASG is comprised of established maritime legal firms and was formed in 1972 to promote and preserve standards in the practice of maritime law in England. The ASG meets regularly to discuss recent issues and maritime practice.

Revised Charter Party Guarantee adopted by Documentary Committee

24 November 2022

At its meeting in Copenhagen on 16 November, BIMCO’s Documentary Committee adopted a revised version of its standard Charter Party Guarantee. The Charter Party Guarantee 2022 is an up-to-date, clearly worded and comprehensive time charterers’ guarantee for all sums payable and liabilities under a time charter party.

Nicholas Kazaz

09 June 2023

Nicholas is a Senior Associate at HFW, where he focuses on international commercial dispute resolution, specialising in offshore oil & gas, energy, and marine. He focuses on disputes arising from installation contracts, charter parties, bills of lading, shipbuilding, rig disputes, towage, collisions, salvage, general average, groundings, total loss, and limitation. Clients he advises include: energy companies, cable owners and operators, contractors, shipowners, charterers, shipyards, ship managers, brokers, and insurers / P&I Clubs. His experience extends to all the major arbitral institutions including LCIA, ICC, SIAC, SCMA, LMAA, ad hoc arbitration, and the English courts. Nicholas has particular experience of drafting and negotiating a range of contracts in the offshore energy and marine sectors, including BIMCO SUPPLYTIME, TOWCON and BARGEHIRE, LOGIC contracts, and other standard contracts, as well as bespoke contracts. Since joining HFW, Nicholas has undertaken secondments in Australia (to HFW's Perth Office with a focus on the Offshore / Oil & Gas / Commodities sectors), to the in-house legal team of a major international tanker owner, to an International Group P&I Club / Insurer, and a leading insurance broker. Nicholas is qualified in England and Wales.

Documentary Committee adopts string of important contracts and clauses

19 October 2023

When BIMCO’s Documentary Committee (DC) met on 11 October in Copenhagen, it approved two new clauses and two revised versions of existing contracts. The new standards are being finalised for publication and will soon be made available for use on SmartCon and on the BIMCO website accompanied by explanatory notes.

Slew of new contracts and clauses top BIMCO committee’s upcoming meeting

18 September 2020

Projects for standard contracts and clauses covering almost every sector of the shipping industry will be reviewed by BIMCO’s Documentary Committee (DC) when it meets on 21 and 22 September. The gathering of over 70 documentary experts from around the world will take place online for the first time and two new contracts and two clauses are set to be approved for publication.

BIMCO’s Casper Broustbo talks about our contract editor SmartCon

02 August 2022

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.