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BIMCO adopts SHIPMAN 2024

BIMCO officially adopts SHIPMAN 2024, the revised version of its widely used ship management agreement, following a comprehensive two-year review process involving key stakeholders in the maritime industry.

Explanatory notes

BIMCO Personal Data Protection Clause The BIMCO Personal Data Protection Clause has been developed in response to concerns raised by owners, ship and crew managers and operators about the implications of the EU General Data Protection Regulation (GDPR) and similar legislation. It addresses the need ... Please follow the link to continue reading.

Background

SHIPMAN is one of the most widely used ship management agreements in the shipping industry. The agreement was first published in 1988 and updated in 1998 and 2009 to reflect changes in ship management practices, regulatory developments, etc.   Despite the continuing wide use of SHIPMAN 2009, changes... Please follow the link to continue reading.

Explanatory notes

Background  Part I Part II Section 1 – Basis of the Agreement Clause 1 (Definitions) Clause 2 (Commencement and Appointment) Clause 3 (Authority of the Supervisors) Section 2 – Scope of Services Clause 4 (Specification Review) ... Please follow the link to continue reading.

Explanatory notes

Part I Part II Clause 1 - Definitions Clause 2 - Appointment of  Managers Clause 3 - Basis of Agreement Sub-clause 3.1 - Crew Management Sub-clause 3.2 - Technical Management Sub-clause 3. 3 - Commercial Management Sub-clauses 3.4 - 3.8 Clause 4 - Ma... Please follow the link to continue reading.