Saleform seminar

-
  • London, United Kingdom
  • 06 Nov 2019
  • Available seats 9
  • Payment: visa visa visa

Course price

BIMCO member GBP 290
Non-member GBP 395

Course programme

Seminar overview:

The revision of any standard agreement as internationally recognised and widely used as SALEFORM 93 was not a matter lightly undertaken. The decision to revise SALEFORM 93 was based on feedback from the global ship sale and purchase sector who were asked whether an update was needed and, if so, to what extent the agreement should be revised.

The message from the feedback was very clear – while SALEFORM 93 largely met the current needs of the industry, it would certainly benefit from a modest update to reflect commonly applied amendments and rider clauses.

Of equal importance to those consulted was that the general principles and structure of SALEFORM should be retained. The challenge for BIMCO, working together with copyright holders the Norwegian Shipbrokers’ Association (NSA), was how to make this well-used international sale and purchase contract even better while maintaining all the key elements that the industry has come to rely on.

Over a period of 11 months the NSA/BIMCO drafting team carried out a thorough review of SALEFORM in consultation with the industry. On 10 November 2011, the Documentary Committee approved the new edition, called SALEFORM 2012.

The revision process identified the key clauses most commonly amended in SALEFORM and pinpointed areas where ambiguity in the ‘93 edition had, on occasion, led to misunderstanding and uncertainty. The new edition did bring greater clarity to the agreement as well as amended wording that reflects current commercial practices.

SALEFORM 2012 has now been used for some years, and the industry has accumulated some experience in using the contract. This 1-day seminar will look at key elements of SALEFORM 2012.

Speakers

Jonathan Elvey

Jonathan Elvey

Matt Hannaford

Matt Hannaford

Simon Ward

Simon Ward

Organiser

Peter Grube

 

Venue

  • UK Chamber of Shipping
  • 30 Park Street
  • SE1 9EQ London
  • United Kingdom
  • Phone: +44 20 7417 2800
  • Website: https://www.ukchamberofshipping.com/

The fee includes coffee breaks, lunch and course materials, but not transport or accommodation, which should be arranged by the participant directly with the hotel.

Recommended hotel near the UK Chamber of Shipping is London Bridge Hotel (8 - 18 London Bridge Street). Email or call to make your reservation and mention"UK Chamber of Shipping" to receive a special rate.
Email: reservations@londonbridgehotel.com 
Tel.: 
+44 (0)20 7855 2210/11 

Alternative dates & locations

  • Athens, Greece
  • 10 February, 2020 (2 days)
  • From EUR 832 EB 29-11-2019
  • Available seats 25  
More info
  • Istanbul, Turkey
  • 23 March, 2020 (2 days)
  • From EUR 832 EB 23-12-2019
  • Available seats 25  
More info

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Peter Grube

Peter Grube, Head of Training