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Background

SHIPMAN is one of the most widely used ship management agreements in the shipping industry. The agreement was first published in 1988 and updated in 1998 and 2009 to reflect changes in ship management practices, regulatory developments, etc.   Despite the continuing wide use of SHIPMAN 2009, changes... Please follow the link to continue reading.

Explanatory notes

Introduction In response to the need for up to date provisions covering long-term representation by agents, BIMCO and FONASBA have developed a new General Agency Agreement.  BIMCO would like to thank the following Subcommittee members for their efforts in developing this contract: Mr Han van Bl... Please follow the link to continue reading.

Explanatory notes

Part I Part II Clause 1 - Definitions Clause 2 - Appointment of  Managers Clause 3 - Basis of Agreement Sub-clause 3.1 - Crew Management Sub-clause 3.2 - Technical Management Sub-clause 3. 3 - Commercial Management Sub-clauses 3.4 - 3.8 Clause 4 - Ma... Please follow the link to continue reading.

Explanatory notes

Introduction Part I Part II Clause 1 - Definitions Clause 2 - Appointment of Crew Managers Clause 3 - Basis of Agreement Clause 4 - Crew Insurance Arrangements Clause 5 - Crew Managers’ Obligations Clause 6 - Owners’ Obligations Clause 7 - Crew Management Fee Clause ... Please follow the link to continue reading.

Explanatory notes

Explanatory Notes LAYUPMAN Explanatory Notes 2 Part I LAYUPMAN Explanatory Notes 3 Part II Terms and Conditions Part II of LAYUPMAN Section 1 – Basis of the Agreement Clause 1 (Definitions) Clause 2 (Commencement and Appointment) LAYUPMAN Explanatory Notes 4 ... Please follow the link to continue reading.

Background

Pooling agreements, as a means of achieving efficiencies for shipowners with the benefits being passed on to their customers, are a feature of tramp markets. In October 2012, BIMCO published POOLCON (now renamed POOLCON A) as the first of two specialist documents setting out the basis for contractua... Please follow the link to continue reading.