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NAVEXCON

20 September 2016

The Standard Naval Exercise Contract, NAVEXCON, was developed for the short-term charter of merchant ships to participate in military navigational exercises. In order to properly train military personnel in navigation techniques and to familiarise them with the handling of modern merchant tonnage, regular training exercises are conducted by many navies. This type of training is also useful for familiarising merchant navy personnel with the sort of pilotage techniques likely to be encountered in time of conflict. The latest edition of this contract is NAVEXCON, issued in 1996.

Novation Agreement for the Transfer of Ownership

17 October 2016

The Novation Agreement for the Transfer of Ownership is an agreement between the parties to novate the time charter party from the original owners to the new owners on terms set out in the agreement. The latest edition of this contract is the Novation Agreement for the Transfer of Ownership, issued in 2016. Copyright in the Novation Agreement for the Transfer of Ownership is held by BIMCO.

POOLCON A

20 September 2016

POOLCON A is designed for use by tramp pools operating in the dry and liquid bulk trades under contracts of affreightment, spot or time charters to third parties. The purpose of the agreement is to achieve the benefits of efficiency for users and their customers without creating restrictions on trade. Pool members’ ships are time-chartered to the pool and it is the underlying time charter that provides the basis of the trading relationship between the ship owner and the pool. The latest edition of this contract is POOLCON A, issued in 2012. Copyright in POOLCON A is held by BIMCO.

POOLCON B

20 September 2016

POOLCON B is designed for use by tramp pools operating in the dry and liquid bulk trades under contracts of affreightment, spot or time charters to third parties. It governs the relationship between owners entering their ships into the pool and the pool managers and regulates administrative and procedural matters covering pool operations together with the allocation of respective party liabilities and obligations. As an agency agreement, there is no time charter relationship between participants and pool managers. The latest edition of this contract is POOLCON B, issued in 2014. Copyright in POOLCON B is held by BIMCO.

GENCOA

20 September 2016

The GENCOA is BIMCO’s standard contract of affreightment for dry bulk cargoes. A contract of affreightment is an agreement between an owner and a charterer for the carriage of a certain amount and type of goods between agreed ports over a given period of time. It is not limited to a particular ship, but operates as a series of voyage charter parties. GENCOA has been designed to be used with any dry cargo charter party, although BIMCO would recommend the use of GENCON, COAL-OREVOY or GRAINCON. The latest edition of this contract is GENCOA from 2004. Copyright in GENCOA is held by BIMCO.

SYNACOMEX 2000

20 September 2016

SYNACOMEX 2000 is a grain voyage charter party. It was drafted by the Syndicat National du Commerce Extérieur des Céréales (the French Union of Grain Exporters - SYNACOMEX) and the Comité Central des Armateurs de France (French Shipowners’ association - CCAF), with the assistance of the Chambre Arbitrale Maritime de Paris (Maritime Arbitration Chamber of Paris - CAMP) and the Chambre Syndicale des Courtiers d’Affrètement Maritime et de Vente de Navires de France (the French Shipbrokers’ Association). It has been approved by BIMCO. The latest edition of this contract is SYNACOMEX 2000.