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Towage & Salvage Masterclass Online
TOWCON 2021
03 March 2021TOWCON is an ocean towage agreement on a lump sum basis. It is not intended for use in port towing. The latest edition of this contract is TOWCON 2021. Copyright in TOWCON 2021 is held by BIMCO.
TOWHIRE 2021
03 March 2021TOWHIRE is an ocean towage agreement on a daily hire basis. It is not intended for use in port towing. The latest edition of this contract is TOWHIRE 2021. Copyright in TOWHIRE 2021 is held by BIMCO.
Towage and Salvage Masterclass Online
New gas tanker form paves the way for revision of ASBATANKVOY
21 September 2020BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) have approved a voyage charter party, ASBAGASVOY, for publication to serve the growing gas tanker industry. Work will now begin to revise ASBATANKVOY, one of the most used tanker charter parties in the world.
Speed criteria issues prompt revision of ocean towage agreements
28 October 2019Long distance ocean towage presents numerous challenges to tugowners, not least of which is the impact of adverse weather on the performance of the tug and tow.
Industry’s first decommissioning contract now available from BIMCO
23 September 2019BIMCO’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.
Off-hire - some comments on the NYPE form
22 May 2019BIMCO to publish industry’s first offshore decommissioning contract
16 May 2019BIMCO’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.
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