ASVTIME is a time charter party for accommodation support vessels (ASVs) engaged in the offshore oil and gas and renewables sectors. The charter party is based on SUPPLYTIME 2017 and operates on a knock for knock liability regime, which means that each party agrees to bear responsibility for and ind... Please follow the link to continue reading.
At online meetings on 31 March and 1 April, the subcommittee working on the standard time charter party for accommodation support vessels (ASVTIME) reviewed feedback from industry stakeholders and further developed the draft contract.
ASVTIME, the new time charter party for accommodation support vessels, was recently adopted by BIMCO’s Documentary Committee and is now available for use in SmartCon.
ASVTIME, the new time charter party for accommodation support vessels, was recently adopted by BIMCO’s Documentary Committee and is now available for use in SmartCon.
New guidance relating to possible inclusion or exclusion of General Average and New Jason Clauses in WINDTIME, SUPPLYTIME 2017 and ASVTIME
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 ... Please follow the link to continue reading.
BIMCO has extended its library of offshore industry standard contracts with the adoption of ASVTIME – a time charter party for accommodation support vessels. Updates of BIMCO’s ocean towage agreements – TOWCON and TOWHIRE – have also been adopted along with a new edition of its charter party for hir... Please follow the link to continue reading.
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