TOWCON is an international ocean towage agreement on a lump sum basis. The form is aimed at the commercial towage sector and is not intended for use in port towing. The latest edition of this contract is TOWCON 2021 . Copyright in TOWCON 2008 is held by BIMCO.
SHIPMAN 2009, BIMCO’s much-used ship management agreement, is currently being revised and the drafting team in charge of the project has finalised a draft for industry consultation.
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