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Explanatory notes

The Agreement Clause 1 – Definitions Clause 2 - Duration of the Agreement Clause 3 - Condition of Equipment on Delivery Clause 4 - Condition of Equipment on Redelivery Clause 4 - calculation example for depreciated value Clause 5 - Delivery Procedures Clause 6 – Redelivery Procedures Clause 7 – Del... Please follow the link to continue reading.

Explanatory notes

Introduction Clause 1 (Novation) Clause 2 (Charter Hire) Clause 3 (Warranties) Clause 4 (Bunkers) Clause 5 (Original Charterers’ Equipment on the Vessel) Clause 6 (Effective Time Survey) Clause 7 (Mutual Renewal of Guaran... Please follow the link to continue reading.

Background

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... Please follow the link to continue reading.

Background

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... Please follow the link to continue reading.