SHIPMAN 98
The latest edition of this contract is SHIPMAN 2024. Copyright in SHIPMAN 98 is held by BIMCO.
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Background
SHIPMAN is one of the most widely used ship management agreements in the shipping industry. The agreement was first published in 1988 and updated in 1998 and 2009 to reflect changes in ship management practices, regulatory developments, etc. Despite the continuing wide use of SHIPMAN 2009, changes... Please follow the link to continue reading.
Comparison between SHIPMAN 2009 and SHIPMAN 98
MLC Clause for SHIPMAN 98
For the purposes of this Clause: “MLC” means the International Labour Organization (ILO) Maritime Labour Convention (MLC 2006) and any amendment thereto or substitution thereof. “Shipowner” shall mean the party named as “shipowner” on the Maritime Labour Certificate for the Vessel. ... Please follow the link to continue reading.
Explanatory notes
Part I Part II Clause 1 - Definitions Clause 2 - Appointment of Managers Clause 3 - Basis of Agreement Sub-clause 3.1 - Crew Management Sub-clause 3.2 - Technical Management Sub-clause 3. 3 - Commercial Management Sub-clauses 3.4 - 3.8 Clause 4 - Ma... Please follow the link to continue reading.
Background
In the 10 years since the ’98 edition was published there have been many developments in the ship management industry – most notable the coming into force of the ISM and ISPS Codes. While SHIPMAN 98 touches upon responsibilities under ISM, much more has been learned about the interplay between the... Please follow the link to continue reading.
