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US RESPONSECON
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Explanatory notes to US RESPONSECON
Bunker terms strengthened by compromise
A greater focus in the bunker industry on contract wording, risk assessment and “knowing your counterpart” has been a motivator for updating the BIMCO Terms bunker contract, due for release in November 2017.
SEV-GUARDCON provides “breath of fresh air” for maritime security firms in Gulf of Guinea
BIMCO’s contract for security escort vessels, SEV-GUARDCON, was introduced back in January 2022. Maritime security company Ambrey shares its views on the contract and how it has saved time and effort in concluding agreements for escort services in West Africa
Rise in shipments under short term COA prompts new BIMCO standard form
As a result of a rising number of shipments of industrial raw materials such as bauxite, coal and iron ore being transported under COAs, BIMCO is working on a new standard form of contract of affreightment (COA).
GENCON 2022
BIMCO' flagship contract has been updated to and is now GENCON 2022. Download a sample contract here.
SEV-GUARDCON published
BIMCO’s new standard contract for security escort vessels, SEV-GUARDCON, is now available on SmartCon and the BIMCO website, accompanied by explanatory notes.
Electronic Signature Clause 2021
The purpose of the Electronic Signature Clause 2021 is to enable the parties to a contract to sign the contract, and any documents to be signed in connection with it, electronically. The clause can be used in any type of contract.
