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Results for:Standard Escrow Agreement for Disputes
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Sign up for the webinar on new Agency Appointment Agreement
07 February 2017Join us on Monday 20 February at 14:00 CET and 08:00 (US East Coast) to hear about the newly published BIMCO/FONASBA Agency Appointment Agreement.
BIMCO ship redelivery clause set to reduce dispute risk
25 September 2017Anna Wollin, Manager, Contracts and Clauses at BIMCO, says that many of the disputes that commonly occur when a ship is redelivered at the end of a time charter could be avoided by using clearer wording in contracts.
BIMCO and CIRM propose software maintenance standard for shipping
14 December 2017BIMCO and the international association for the marine electronics industry, CIRM (Comité International Radio-Maritime), have sent the industry’s first proposal for an industry-wide standard for software maintenance to the IMO for consideration. Without an industry-standard, BIMCO sees an increasing risk of severe incidents on ships, delays and costs to shipowners and cyber security problems.
Webinar on new General Agency Agreement
26 March 2018Join us on Thursday 5 April at 9.00 CET (10.00 CEST) to hear about the newly published BIMCO/FONASBA General Agency Agreement.
Novation Agreement for Shipbuilding Contracts
17 October 2016The Novation Agreement for Shipbuilding Contracts is an agreement between the parties to novate the shipbuilding contract from the original buyers to the new buyers on terms set out in the agreement. The latest edition of this contract is the Novation Agreement for Shipbuilding Contracts, issued in 2016. Copyright in the Novation Agreement for Shipbuilding Contracts is held by BIMCO.
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.
BIMCO publishes first-ever Standard Mate’s Receipt
06 September 2023BIMCO has published a Standard Mate’s Receipt to encourage harmonisation of paper processes in the bulk shipping industry and help build a solid foundation for digital transformation.
Industry experts draft new BIMCO S&P agreement
30 January 2020BIMCO is developing its own standard Memorandum of Agreement (MOA) for ship sale and purchase (S&P). The new BIMCO MOA is rapidly taking shape after just three meetings of the expert group, the most recent at the offices of Louis Dreyfus in Paris on 27 January.
S&P sector shows strong appetite for new BIMCO ship sale agreement
11 March 2021In a clear sign of industry support for BIMCO’s initiative to develop a new ship sale and purchase agreement, the organisation has received over 800 individual comments on its consultation draft, which will shape the final version of the agreement.
