Background
Part I
Part II
Section 1 – Basis of the Agreement
Clause 1 (Definitions)
Clause 2 (Commencement and Appointment)
Clause 3 (Authority of the Supervisors)
Section 2 – Scope of Services
Clause 4 (Specification Review)
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The following notes are intended to provide an explanation of the reasoning behind the clauses of the BIMCO Bunker Terms 2018 that are not self-explanatory.
Clause 1 - Definitions
Clause 2 – Specifications/Grades/Quality
Clause 3 – Quantities/Measurements
Clause 4 – Sampling
Cla...
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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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GENCOA A – Explanatory notes
OVERVIEW
GENCOA A 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 parties ...
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The following explanatory notes are given for the guidance of users to help them complete the relevant boxes in Part I of the form and to better understand the thinking behind the provisions of Part II of FERTICON 2007.
Part I
Boxes 1 to 8
Box 10
Boxes 14 and 15
Box 16
Box 22
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BIMCO’s widely-used standard barge bareboat charter party was first formulated and published in 1994. It is part of a suite of offshore and marine construction industry related standard documents produced by BIMCO, which includes SUPPLYTIME, TOWCON, TOWHIRE, HEAVYCON and PROJECTCON.
BARGEHIRE is des...
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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 ...
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In 2019, BIMCO decided to develop a time charter party for accommodation support vessels (ASVs) engaged in the offshore oil and gas and renewables sectors. Although the market for ASVs is relatively small the new form, which has been codenamed ASVTIME, will fill an important gap in BIMCO’s suite of ...
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