Sale & purchase report dated 1 October 2024
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SHIPSALE 22 is a standard Memorandum of Agreement (MOA) for ship sale and purchase. It provides an innovative and comprehensive approach to sale and purchase agreements with clauses following the sequence of events as they play out in a sale and purchase transaction.
SHIPLEASE is a standardised term sheet intended for use in ship sale and leaseback transactions. The term sheet has been principally developed for sale and leaseback transactions involving second-hand ships, but it can be readily adapted to fit structures involving newbuildings or vessels that are u... Please follow the link to continue reading.
SALEFORM is the Norwegian Shipbrokers’ Association’s international memorandum of agreement for the sale and purchase of ships. Copyright in this document is held by the Norwegian Shipbrokers’ Association. The latest edition of this contract is SALEFORM 2012.
BIMCOSALE is a standard bill of sale, which is the document used to evidence and effect the transfer of ownership in the ship from a seller to a buyer. With the delivery of the bill of sale together with the ship against payment of all sums due, ownership in vessel will be transferred. The latest ed... Please follow the link to continue reading.
RECYCLECON is a standard contract for the sale of ships for recycling in a safe and environmentally sound manner. The contract incorporates many of the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) su... Please follow the link to continue reading.
NEWBUILDCON is the industry’s only international standard shipbuilding contract designed for use in any jurisdiction and for any type of ship. BIMCO’s objective in creating NEWBUILDCON was to balance the interests of shipowners and shipbuilders in a clearly written and well-structured comprehensive ... Please follow the link to continue reading.
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