REPAIRCON is the standard contract for use in connection with major ship repairs, in a wet or dry dock, at a shipyard or similar facility. The form was originally issued in 2002. In the light of experience and changes in practice over the intervening period, a Subcommittee, comprising representative... Please follow the link to continue reading.
Background Summary of main features Detailed provisions Sub-clause (a) Sub-clause (b) Sub-clause (c) Sub-clause (d) Sub-clause (e) Sub-clause (f) Sub-clause (g) Guidance on laytime and detention and example calculations for sub-clause (e)(ii) of the BIMCO Cargo Fu... Please follow the link to continue reading.
Introduction In 2009 BIMCO published its Piracy Clause for Time Charter Parties. In addition to the revised time charter edition, BIMCO also developed two other standard piracy clauses: a Piracy Clause for Single Voyage Charter Parties; and a Piracy Clause for Consecutive Voyage Charter Parties and ... Please follow the link to continue reading.
Introduction Shipmanagers acting for an owner raising finance with the managed vessel serving as collateral are regularly required to provide the lending bank, financial institution or other commercial entity with a Letter of Undertaking (LoU). The purpose of the LoU is to put the lender in the same... Please follow the link to continue reading.
In the offshore windfarm sector, installation and support functions are entirely reliant on the use of specialised vessels ranging from jack-ups to small, high-speed passenger craft. Up until the publication of WINDTIME, offshore wind farm developers have contracted the services of these vessels usi... Please follow the link to continue reading.
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The following explanatory notes are given for the guidance of users to help them complete the relevant boxes in Part I of the form and to better understand the thinking behind the provisions of Part II of FERTICON 2007. Part I Boxes 1 to 8 Box 10 Boxes 14 and 15 Box 16 Box 22 ... Please follow the link to continue reading.
Part I Part II Clause 1 - Period of Charter Party and Delivery Clause 2 - Owners’ Undertaking Clause 3 - Trading Limits Clause 4 - Cargo Restrictions and Exclusions Clause 5 - Redelivery Clause 6 - Owners’ Obligations Clause 7 - Charterers’ Obligations Clause 8 -... Please follow the link to continue reading.
Introduction Laytime and demurrage are fundamental to tramp shipping. Specialist terms which have evolved over the years have been extensively analysed by legal commentators and frequently tested in the courts. This has resulted in subtle distinctions where a choice of term or use of language can ad... Please follow the link to continue reading.
Introduction General background Special observations Part I Index Part II Clause 1 - Period of Charter Party and Delivery Clause 2 - Owners' Undertaking Clause 3 - Trading Limits Clause 4 - Permitted Cargoes Clause 5 - Owners' Obligations Clause 6 - Charterers' Obligat... Please follow the link to continue reading.
