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...
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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 need for a clearly worded pooling agreement has been demonstrated by the many queries received from members over the years and suggestions that BIMCO should produce a contract covering the issues. In the light of changes in the application of EU competition law in the maritime sector and Guideli...
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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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Pooling agreements, as a means of achieving efficiencies for shipowners with the benefits being passed on to their customers, are a feature of tramp markets. In October 2012, BIMCO published POOLCON (now renamed POOLCON A) as the first of two specialist documents setting out the basis for contractua...
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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...
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Clause 1 - Definitions
Clause 2 – Specifications/Grades/Quality
Clause 3 – Quantities/Measurements
Clause 4 – Sampling
Clause 5 – Delivery
Clause 6 – Documentation
Clause 7 – Price
Clause 8 – Payment
Clause 9 – Claims
...
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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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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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