The general agency agreement has been developed for the provision of selected agency services over a period of time in a defined territory or area. It is designed for use in all trades and can be adapted to suit parties’ individual needs. This contract was published in December 2017 and is the latest edition.
Copyright in the General Agency Agreement is held by FONASBA. The publishers are BIMCO and FONASBA.
Sample copy of General Agency Agreement
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Agency appointments are often agreed over the phone or by email. But with ship operations becoming ever more complex, there is a growing need for a standard agreement that clearly sets out the services to be performed by the agents and the liabilities and responsibilities of both parties.
A panel discusses the newly published BIMCO / FONASBA General Agency Agreement and explains why agents and their principals would benefit from using it.
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