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Explanatory notes
10 March 2018ETSA and IOCD Clauses and updated GENCON adopted; CII Compliance Clause expected soon
20 May 2022BIMCO’s Documentary Committee has approved two clauses and one contract for publication: The much-awaited Emissions Trading System Allowances (ETSA) Clause for Time Charter Parties 2022, the Infectious or Contagious Diseases (IOCD) Clause for Time Charter Parties 2022 and a revised version of GENCON.
Ship Management Contracts
16 April 2020The handy guide contains explanatory notes to all of BIMCO’s current standard ship management contracts.
Significant developments at the Documentary Committee Meeting on 22 March 2024
27 March 2024The BIMCO Documentary Committee (DC) convened on 22 March 2024 in Hamburg, under the chairmanship of Nick Fell. The meeting marked a significant step forward in BIMCO's documentary work, with the adoption of key projects and the review of ongoing developments of contracts and clauses.
Explanatory notes
21 June 2018BACKGROUND
08 December 2023Ireland, Bantry Bay - Harbour
27 February 2018SUPERMAN
17 October 2016The Standard Agreement for the Supervision of Vessel Construction, codenamed SUPERMAN, clearly sets out a ship managers’ duties and obligations when providing supervision services to a newbuilding project. It is an agency based agreement whereby the supervisors act for and on behalf of the owners. SUPERMAN is modelled on SHIPMAN 2009 and includes the same structure of liability provisions. Payment is on a “cost plus fee” basis. The latest edition of this contract is SUPERMAN, issued in 2016. Copyright in SUPERMAN is held by BIMCO.
BIMCO to launch new sanctions clauses to increase contractual certainty
16 October 2019BIMCO is merging its sanctions and designated entities charter party clauses, following revisions by a specialist subcommittee, to create a more robust contractual solution for sanctioning.
