WRECKSTAGE 2024 is a standard wreck removal and services agreement based on payment of a lumpsum in stages. The revised agreement introduces a Risk Allocation Procedure which allows parties to utilise Quantitative Risk Assessment or other bespoke risk allocation during the contracting process and i... Please follow the link to continue reading.
The updated 2024 version of BIMCO’s widely used wreck removal and marine services agreement, WRECKSTAGE, is now available for use in SmartCon.
Nick Fell, Chairperson of BIMCO's Documentary Committee, tells about the meeting held on 9 October 2024 including adoption of AUTOSHIPMAN
The following notes explain the scope of the key provisions and clarify how the document is intended to operate. They also provide users with guidance as to the nature and extent of changes made to the WRECKSTAGE 2010 form. If you have any questions about WRECKSTAGE 2024 please contact us at contra... Please follow the link to continue reading.
