BIMCO’s widely-used standard barge bareboat charter party was first formulated and published in 1994 and subsequently revised in 2008 and again in 2021. It is part of a suite of offshore and marine services standard documents produced by BIMCO, which includes SUPPLYTIME, TOWCON, TOWHIRE, HEAVYCON, H... Please follow the link to continue reading.
GENCOA B 2022 – Explanatory notes OVERVIEW GENCOA B 2022 is a standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter par... Please follow the link to continue reading.
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Ship conversions are typically "one off" projects, which conceptually rest somewhere on a spectrum between repair and newbuilding. Smaller conversions are typically closer to repairs, whereas larger conversions are closer to newbuildings. CONVERSIONCON has been designed for larger conversions but re... Please follow the link to continue reading.
Structure Part I Part II SECTION 1 – Basis of the Contract Clause 1 (Definitions) Clause 2 (Commencement, Appointment and Duration) SECTION 2 – Security Services Clause 3 (Security Services) Clause 4 (Engagement of Security Services) Clause 5 (Changes to the Security Services) Clause 6 (Security Es... Please follow the link to continue reading.
Table of contents Background Part I Part II Clause 1 (Definitions and Interpretation) Clause 2 (Sale and Purchase) Clause 3 (Subjects) Clause 4 (Purchase Price) Clause 5 (Deposit) Clause 6 (Inspection) Clause 7 (Buyers’ On-board Representatives) Clau... Please follow the link to continue reading.
In response to growing concerns and increasing attacks in the region, a taskforce of stakeholders from across the shipping industry drafted the Gulf of Guinea Declaration on Suppression of Piracy.
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TOWHIRE is the industry standard contract for ocean towage on a daily hire basis. In the latest revision, it has undergone a thorough revision to clarify ambiguities and has been restructured to make it easier to use. TOWHIRE has been aligned with TOWCON as far as possible to ensure consistency. How... Please follow the link to continue reading.
