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.
This eBook includes a sample copy of the BARECON 2017 contract and the related explanatory notes in the latest version.
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
The latest edition of this contract is BARECON 2017. Copyright in BARECON 89 is held by BIMCO.
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.
BIMCO has published a new edition of BARECON, the industry’s go-to standard contract for bareboat chartering.
16 years after its last update, the new edition of BARECON is close to completion.
BARECON 2001 is being updated to reflect changes in commercial practice and legal development in the 15 years since it was published. At a meeting held at BIMCO House on 29 September the focus of the revision team was the hire and termination provisions.
These Explanatory Notes set out the reasoning behind the clauses that are not self-explanatory. The BARECON bareboat charter was first published in 1974. It has become one of BIMCO’s most successful and widely used charter parties and was last updated in 2001. Although BARECON is rarely the subject ... Please follow the link to continue reading.
The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.
