Escrow agreements ready for first review
Two new contracts will be presented for review at the next Documentary Committee meeting on 6 June 2017 in Rome.
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Important UN charter party under revision
Work on revising the UN voyage charter party WORLDFOOD continued with a two days meeting at the World Food Programme’s headquarters in Rome earlier this month.
BIMCO seeks industry help to combat fake contracts
Much of the shipping industry relies on BIMCO standard contracts. The contracts provide a familiar and secure contractual base on which parties can freely negotiate. However, the trust in the standard forms is undermined by fake copies that contain errors or even deliberately hidden changes to the w... Please follow the link to continue reading.
ASVTIME moves closer to completion
At online meetings on 31 March and 1 April, the subcommittee working on the standard time charter party for accommodation support vessels (ASVTIME) reviewed feedback from industry stakeholders and further developed the draft contract.
LNGVOY shown to Japanese market
New LNG voyage charter party LNGVOY was the focus of a seminar held at the Japan Shipping Exchange on 21 October jointly presented by BIMCO and law firm Stephenson Harwood.
GUARDCON
GUARDCON is an agreement for the hire of the services of private maritime security guards on ships – either armed or unarmed. The latest edition of this contract is GUARDCON, issued in 2012. Copyright in GUARDCON is held by BIMCO.
New future version of SmartCon released as a “beta”
Discover the future of contract editing with the new SmartCon 'beta' release - combining the best of Word and Online versions for an enhanced user experience.
New BARECON 2017 calculates future trends
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
New SUPPLYTIME on course for June adoption
The revision of the SUPPLYTIME 2005 charter party, BIMCO’s specialised offshore support vessel contract, is close to completion.
BOXCHANGE 2016
BOXCHANGE is a standard agreement for container interchange, which is the process of moving containers on a trip basis from a location with a container surplus to a place with container shortage. All terms and conditions are mirrored for both parties as they are simultaneously suppliers and users of... Please follow the link to continue reading.
