There are no facilities to conduct repairs. All tankers moored to SBM A or SBM B must maintain their engines on standby at all times. Under no circumstances should any critical machinery be disabled such that would prevent the vessel from manoeuvring under its own power.
BIMCO achieves a milestone with the release of the Dynamic Positioning Annex for SUPPLYTIME 2017, reinforcing its commitment to elevated contractual standards in the shipping industry by providing a standardized framework for DP systems in the offshore sector, enhancing clarity and guidance for sta... Please follow the link to continue reading.
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.
BIMCO’s new DISMANTLECON contract, the first global standard contract designed for the dismantling and removal of offshore structures in the energy sector, is now available and aims to provide a balanced set of terms and conditions to both parties in the process.
The time charter party for accommodation support vessels (ASVs) currently being developed by BIMCO will include a limitation of the owners’ and charterers’ liability for loss, damage, delay or expense. This is the result of an online meeting of the subcommittee held on 18 May.
