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The revision of BIMCO’s top-selling contract, SUPPLYTIME 2005, has now reached a stage where it is appropriate to consult with the wider industry about the changes made to the contract so far.
The first of a series of free public seminars on the new edition of SUPPLYTIME was held in Rotterdam on 12 October.
BIMCO has developed four annexes for specialised tasks not covered under the SUPPLYTIME charter party.
This eBook includes a sample copy of the SUPPLYTIME 2017 contract and the related explanatory notes in the latest version.
BIMCO has published a new edition of SUPPLYTIME, its widely used time charter party for offshore support vessels.
The latest edition of this contract is SUPPLYTIME 2017. Copyright in SUPPLYTIME 2017 is held by BIMCO.
The revision of the SUPPLYTIME 2005 charter party, BIMCO’s specialised offshore support vessel contract, is close to completion.
The latest edition of this contract is SUPPLYTIME 2017.
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.
A selected consultation group from the offshore industry including owners, charterers, brokers, insurers, P&I clubs and legal experts, have recently contributed with feedback on the revised SUPPLYTIME form. This process has helped the drafting team in reviewing and “polishing” the current draft during a two day meeting at BIMCO House in November.
