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Results for:BIMCO Terms 2015

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PROJECTCON

20 September 2016

PROJECTCON is a special projects charter party for the tug and barge sector. It was designed to remove the need to use up to three different contracts for the same project when operating a tug and semi-submersible barge in combination to transport of special or projects cargoes. Instead of having one contract for the hire of the barge, another for the hire of the tug, and a third for the transportation, PROJECTCON may be used as a single contractual platform. The latest edition of this contract is PROJECTCON, issued in 2006. Copyright in PROJECTCON is held by BIMCO.

POOLCON B

20 September 2016

POOLCON B is designed for use by tramp pools operating in the dry and liquid bulk trades under contracts of affreightment, spot or time charters to third parties. It governs the relationship between owners entering their ships into the pool and the pool managers and regulates administrative and procedural matters covering pool operations together with the allocation of respective party liabilities and obligations. As an agency agreement, there is no time charter relationship between participants and pool managers. The latest edition of this contract is POOLCON B, issued in 2014. Copyright in POOLCON B is held by BIMCO.

POOLCON A

20 September 2016

POOLCON A is designed for use by tramp pools operating in the dry and liquid bulk trades under contracts of affreightment, spot or time charters to third parties. The purpose of the agreement is to achieve the benefits of efficiency for users and their customers without creating restrictions on trade. Pool members’ ships are time-chartered to the pool and it is the underlying time charter that provides the basis of the trading relationship between the ship owner and the pool. The latest edition of this contract is POOLCON A, issued in 2012. Copyright in POOLCON A is held by BIMCO.

GENCOA

20 September 2016

The GENCOA is BIMCO’s standard contract of affreightment for dry bulk cargoes. A contract of affreightment is an agreement between an owner and a charterer for the carriage of a certain amount and type of goods between agreed ports over a given period of time. It is not limited to a particular ship, but operates as a series of voyage charter parties. GENCOA has been designed to be used with any dry cargo charter party, although BIMCO would recommend the use of GENCON, COAL-OREVOY or GRAINCON. The latest edition of this contract is GENCOA from 2004. Copyright in GENCOA is held by BIMCO.

GENTIME

20 September 2016

GENTIME is a standard time charter party developed for the dry cargo sector. The latest edition of this contract is GENTIME, issued in 1999. Copyright in GENTIME is held by BIMCO.

BPTIME3

20 September 2016

BPTIME3 is a tanker charter party that was developed by BP in association with BIMCO. Copyright in this document is held by BP. The latest edition of this contract is BPTIME, issued in 2001.