BARECON 180 Seminar

  • Online, 10:00 CEST
  • 24 May 2022 2 days
  • Available seats 13
  • Payment: visa visa visa visa

Course price

BIMCO member EUR 180
Non-member EUR 250

Discounts

10% group discount is available for registering 3 or more participants from the same company.

Overview

Short and to the point, the BIMCO 180 training seminars are 2 x 90 minutes of focused knowledge, delivered on-line by leading maritime experts.

Our experts will equip you with the knowledge to minimise operational, chartering, and legal risks, and improve efficiency and cost effectiveness.

What will you learn?

Tuesday, 24 May 2022: Session 1 – 90 minutes

  • Introduction to bareboat chartering - a practical guide and what to look out for
  • BARECON 2017 key clauses I
  • Delivery/redelivery and condition surveys. Some practical examples of disputes seen both from owners and charterers perspective
  • Familiarization and standard operating procedures for surveys
  • Insurance and repairs
  • BARECON and newbuilding contracts

Wednesday, 25 May 2022: Session 2 – 90 minutes

  • BARECON 2017 key clauses II
  • Payment and suspension of hire
  • Termination
  • Class and regulatory requirements. Costs of required modifications to the vessel, retrofitting
  • Indemnities and liabilities, risk allocation as per clause 22

Starting time (for both sessions):

08:00 GMT/UTC
10:00 CEST

About the BARECON 180 seminar

BARECON is widely used when charterers require full control of the vessel and take over the legal and operational responsibility for an extended period. BARECON is often a key element in ship finance transactions and long-term cargo projects. It is also a useful tool for inter-company trading and chartering between affiliate companies.

The latest edition of this contract is BARECON 2017, where BIMCO aims to bring the industry-standard bareboat charterparty terms fully up to date, reflecting commercial practice, addressing issues recently raised by the UK Courts, and simplifying the form where possible.

Course programme

How will this course help your professional development?

Sharing decades of high-level experience, BIMCO’s shipping experts and industry professionals will give you the best practice guidance, using theory and case studies, to use BIMCO’s 350+ contracts and clauses. Suitable for legal, chartering, management and operations professionals, our courses provide practical and technical advice that can be applied immediately. 

Course certification

A BIMCO Certificate of Attendance will be issued, showing the duration of the training.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided once the registration is completed.

Speakers

Tom Adams

Tom Adams

Organiser

Peter Grube

 

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Need more information?

Peter Grube

Peter Grube, Head of Training