BIMCO Search Results

BIMCO initiates work on new ASV charter for the offshore sectors

26 March 2019

BIMCO has initiated work to develop a standard charter party for Accommodation Support Vessels (ASVs) to provide the industry with a balanced standard document that can be used in the offshore sectors.

SUPPLYTIME 2017

20 September 2016

SUPPLYTIME is a time charter party for offshore support vessels. It operates on a knock for knock liability regime, which means that each party agrees to bear responsibility for and indemnify the other in respect of loss of or damage to their own property, and injury to or death of their own personnel, regardless of fault. The latest edition of this contract is SUPPLYTIME 2017. Copyright in SUPPLYTIME 2017 is held by BIMCO.

WINDTIME

20 September 2016

WINDTIME is a standard time charter party for the transfer of wind farm personnel and equipment to and from offshore wind farm installations. The latest edition of this contract is WINDTIME, issued in 2013. Copyright in WINDTIME is held by BIMCO.

BIMCO to publish industry’s first offshore decommissioning contract

16 May 2019

BIMCO’s Documentary Committee has approved an international standard contract for offshore decommissioning projects to provide a balanced set of terms and conditions to both parties in the process.

Updated SUPPLYTIME sets new benchmark for offshore charters

21 June 2017

BIMCO has published a new edition of SUPPLYTIME, its widely used time charter party for offshore support vessels.

Scalability and flexibility key to dismantling contract

26 January 2017

Dismantling offshore structures is a complex business. Producing a marine services agreement to appeal equally to oil companies and marine contractors is a challenge. But offshore specialists currently working on a new BIMCO dismantling contract believe that creating a simple yet flexible agreement that can be scaled to suit different sizes of project is the way forward.

New SUPPLYTIME on course for June adoption

15 March 2017

The revision of the SUPPLYTIME 2005 charter party, BIMCO’s specialised offshore support vessel contract, is close to completion.

Supplytime 2017: Revolution or Evolution?

21 August 2017

Leading London law chambers gives “top marks to BIMCO” at seminar on new edition of SUPPLYTIME offshore support vessel charter party.

Industry’s first decommissioning contract now available from BIMCO

23 September 2019

BIMCO’s new DISMANTLECON contract, the first global standard contract designed for the dismantling and removal of offshore structures in the energy sector, is now available and aims to provide a balanced set of terms and conditions to both parties in the process.

Offshore accommodation charter party ready for first review

30 October 2019

A first draft of a new time charter party for Accommodation Support Vessels (ASVs) will be presented to the Documentary Committee for review and feedback in December.