New charter party for offshore oil, gas and renewables now available

Published: 03 March 2021

ASVTIME, the new time charter party for accommodation support vessels, was recently adopted by BIMCO’s Documentary Committee and is now available for use in SmartCon.

Specifically developed for offshore oil and gas and renewables, ASVTIME combines traditional services such as accommodation and catering with tailormade provisions dealing with optional equipment such as gangway, cranes and daughter craft, and parallel operations.

“The offshore industry is becoming increasingly specialised. With the introduction of ASVTIME, we now have a standard for accommodation support vessels which can be used in all segments of the offshore industry, whether in oil and gas or renewables,” says Anders Helsinghoff Fjord, CEO Denmark at Hagland Shipbrokers, who was part of the drafting team.

The drafting committee was chaired by Edwin de Vries of Wagenborg Projects & Logistics/Wagenborg Offshore and, in addition to Anders Helsinghoff Fjord, also included Andreas Fjærvoll-Larsen (Wikborg Rein), Caroline Lorentzon (Floatel International), Dorota Chmielewska (Siemens Gamesa Renewable Energy A/S), Johan De Haan (Noord Nederlandsche P&I Club), Michael Junker (DEME Offshore), Sine Rosenborg (Ørsted), and Suzette Liverpool Bailey (Eni).

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