REPAIRCON is the standard contract for use in connection with major ship repairs, in a wet or dry dock, at a shipyard or similar facility. The form was originally issued in 2002. In the light of experience and changes in practice over the intervening period, a Subcommittee, comprising representative...
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Objective
BIMCO’s objective for developing DISMANTLECON is to create a global, industry standard, scalable contract for offshore structure dismantling work and the subsequent transport to a designated place of delivery. It is a marine services contract designed to appeal equally to the party requiri...
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Background
Explanatory Notes
Structure
Clause 1. Owners, Charterers, Vessel
Clause 2. Charterers’ Loading Port(s), Cargo
Clause 3. Discha...
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PART I
PART II
Definitions
1. Slot and Weight Allocation
2. Period
3. Trading limits
4. Permitted Cargoes
5. Slot Charter Hire
6. Itinerary
7. Opening Containers
8. Stowaways
9. Drugs
10. Repairs
11. Owners' Obligations
12. Charterers'...
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Background
Until the publication of the QEL and QEL (SHORTFORM), no such standard form was available in the market.
Although QELs may often be perceived as only benefiting the charterer, in most cases, they will be beneficial to the lenders as preserving the charterers’ uninterrupted use and enjoyme...
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General observations
Part I
Index
Appendix A
Part II
Clause 1 - Period and Delivery
Clause 2 - Trading Areas
Clause 3- Cargo Restrictions and Exclusions
Clause 4 - Redelivery
Clause 5 - On/Off hire surveys
Clause 6 - Bunkers
Clause 7 - Vessel’s Gear
...
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Although the Hong Kong Convention on the Recycling of Ships is not yet in force, there are a number of shipowners who are already seeking recycling yards with “green” credentials where their ships can be dismantled in an environmentally safe manner. The RECYCLECON contract voluntarily incorporates m...
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Background
Until the publication of the QEL and QEL (SHORTFORM), no such standard form was available in the market.
Although QELs may often be perceived as only benefiting the charterer, in most cases, they will be beneficial to the lenders as preserving the charterers’ uninterrupted use and enjoyme...
Please follow the link to continue reading.
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In 2019, BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) decided to jointly develop a dedicated gas tanker charter party, ASBAGASVOY. The new form is based on ASBATANKVOY, one of the most widely used tanker charter parties in the world. Although ASBATANKVOY was originally de...
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