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SHIPMAN 2009

20 September 2016

SHIPMAN is a ship management agreement that may include crew, technical and commercial management as well as insurance arrangements in respect of a ship. The latest edition of this contract is SHIPMAN 2009. Copyright in SHIPMAN 2009 is held by BIMCO.

CREWMAN B (Lump sum) 2009

20 September 2016

CREWMAN B (Lump sum) 2009 is a standard crew management agreement whereby the owners appoint the crew managers as agents to perform crew management services in respect of a ship on a lump sum basis. The latest edition of this contract is CREWMAN B (Lump sum) 2009. Copyright in CREWMAN B (Lump sum) 2009 is held by BIMCO.

Shipmanagers' Letter of Undertaking

28 January 2019

The Shipmanagers’ Letter of Undertaking (LoU) is a model letter for use in third party arrangements where shipmanagers maintain and operate the vessel but have no financial involvement or interest in its ownership. The content of the LoU is based on provisions commonly found in market documentation but creates a more equitable starting point for discussions. The BIMCO LoU aims to eliminate the need for often protracted party negotiations where points argued in previous cases are frequently repeated, which can be time-consuming and adds to costs. Copyright in Shipmanagers’ Letter of Undertaking is held by BIMCO.

SUPERMAN

17 October 2016

The 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.

LAYUPMAN

20 September 2016

LAYUPMAN is a standard contract for the laying up of ships. The owners appoint the managers to carry out the services in relation to the laying up of the ship as agents for and on behalf of the owners. The latest edition of this contract is LAYUPMAN, issued in 2011. Copyright in LAYUPMAN is held by BIMCO.