BIMCO Search Results

Sale and leaseback – BIMCO’s next move in ship financing

In October, an Asian-based subcommittee involving major players within the ship owning and ship leasing communities will begin work to develop a term sheet for sale and leaseback transactions to meet a rise in demand and to complete the suite of three term sheets available for financiers, shipowners... Please follow the link to continue reading.

Explanatory notes

Table of contents Nature of the term sheet Part I Part II Clause 1 (Transaction) Clause 2 (Transaction Documents) Clause 3 (Memorandum of Agreement) Clause 4 (Purchase Price) Clause 5 (Bareboat Charter) Clause 6 (Hire) Clause 7 (Charter Period) Claus... Please follow the link to continue reading.