BARECON is a bareboat charter party. It is a lease agreement whereby the charterer obtains possession and full control of the ship along with the legal and financial responsibility for it. The charterer generally pays for all operating expenses, including fuel, crew, maintenance, repairs, and P&I an... Please follow the link to continue reading.
SYNACOMEX 2023 is a grain voyage charter party. It was originally drafted by the French Union for Grain and Seeds Trade (Syndicat National du Commerce Extérieur des grains et graines oléagineuses – SYNACOMEX) and the French Shipowners’ Association (Armateurs de France), with the assistance of the Ma... Please follow the link to continue reading.
ASBAGASVOY, the new voyage charter party for gas tankers developed jointly by BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) has seen a rapid uptake after its release to the market in September 2020. Christian Hoppe, BIMCO’s General Counsel, has talked to BW LPG, Petredec a... Please follow the link to continue reading.
A report from BIMCO's GENCON 2022 seminars held in March 2022 in Singapore, Seoul and Tokyo
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GENCON is a standard voyage charter party. It is a general-purpose agreement for the services of a ship in exchange for freight and can be used in a variety of trades. The latest edition is GENCON 2022.
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CEMENTVOY is a standard voyage charter party for the carriage of cement in bulk. It is accompanied by its own bill of lading, CEMENTVOYBILL 2016. The latest edition of this contract is CEMENTVOY 2006. Copyright in CEMENTVOY 2006 is held by BIMCO.
ASVTIME is a time charter party for accommodation support vessels (ASVs) engaged in the offshore oil and gas and renewables sectors. The charter party is based on SUPPLYTIME 2017 and operates on a knock for knock liability regime, which means that each party agrees to bear responsibility for and ind... Please follow the link to continue reading.
Italian energy company Eni, operating in more than 60 countries worldwide and employing more than 30,000 people, will be joining the recently launched BIMCO project to develop a standard charter party for Accommodation Support Vessels (ASVs).
