Revised Charter Party Guarantee adopted by Documentary Committee
The BIMCO documentary committee has adopted revised charter party guarantee
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Looking back at BIMCO’s Contracts & Clauses work in 2023
Nick Fell, Chairperson of the Documentary Committee, reflects on 2023
What’s on the agenda at the upcoming BIMCO Documentary Committee meeting
The BIMCO Documentary Committee (DC) is convening on 11 October to discuss and potentially adopt six crucial projects, including the CII Clause for Voyage Charter Parties, Ship Sales Further Trading Clause, ETS Allowances (ETS) Clause for SHIPMAN, Quiet Enjoyment Letters, SYNACOMEX, and WRECKSTAGE.
Explanatory notes
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... Please follow the link to continue reading.
India, Goa, Mormugao Goa - Maximum Size
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Explanatory notes
The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the revised WRECKHIRE form: PART I Box Layout Part II Clause 1 (Definitions) Clause 2 (The Services) Clause 3 (Company Representative) Cla... Please follow the link to continue reading.
Explanatory notes
The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the WRECKSTAGE 99 form: PART I Box Layout Part II Clause 1 (Definitions) Clause 2 (The Services) Clause 3 (Company Representative) Clause 4 (Change of Meth... Please follow the link to continue reading.
Explanatory notes
The following explanatory notes are intended to provide users with guidance as to the nature and extent of changes made to the WRECKFIXED 99 form. PART I Box Layout Part II Clause 1 (Definitions) Clause 2 (The Services) Clause 3 (Company Representative) Clause 4 (Change of Method o... Please follow the link to continue reading.
Explanatory notes
These Explanatory Notes set out the reasoning behind the clauses that are not self-explanatory. The BARECON bareboat charter was first published in 1974. It has become one of BIMCO’s most successful and widely used charter parties and was last updated in 2001. Although BARECON is rarely the subject ... 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.
