Sale & Purchase Seminar
16 November 2023The Sale & Purchase (S&P) Masterclass examines the mechanisms and processes behind the sale and purchase of vessels.
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The Sale & Purchase (S&P) Masterclass examines the mechanisms and processes behind the sale and purchase of vessels.
BIMCO’s Documentary Committee has approved two charter party sanctions clauses to help owners and charterers manage due diligence policies and navigate an increasingly complex environment of economic and trade sanctions imposed by governments.
BIMCO has received comments concerning the arrival of a new breed of clauses seeking to shift risks traditionally falling within the charterers’ sphere onto the owners.
BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback. SHIPLEASE is an indicative term sheet for use in both operating and finance leases. It has been developed mainly for second-hand ships but can be adapted to fit newbuildings.