What is GENCON 2022?

• Latest edition of BIMCO’s most widely used dry cargo general purpose voyage charter party
• Released October 2022
• Benefitted from broad industry consultation

What are the key highlights?

• Clear allocation of responsibilities
• Easy to navigate – BIMCO “box” layout summarising key information
• Reduced negotiation time – contains comprehensive, balanced, relevant and up to date suite of clauses

New features and updates

• New Clause 2 – more clearly worded Clause 2 (Owners’ Responsibility) 
• Alignment with NYPE – for consistency when GENCON 2022 is used with the NYPE time charter party
• Comprehensive cargo regime – covering legal requirements and operational aspects
• Suspension and Termination Clause – allowing the owners to suspend services if the charterers fail to make timely payment
• General Exceptions Clause – protecting the charterers from events which cannot be reasonably avoided or guarded against
• BIMCO standard clauses – incorporates the latest versions of commonly added BIMCO standard clauses
• Electronic Bill of Lading Clause – reflecting the increasing use of electronic bills of lading in the dry bulk sector

Early bird rates available now