BIMCO President comments on standard term sheet
Overview
BIMCO President and Chairman of Louis Dreyfus Armateurs, Philippe Louis-Dreyfus opened the Armateurs de France and BIMCO event in Paris on 14 June 2016.
BIMCO President and Chairman of Louis Dreyfus Armateurs, Philippe Louis-Dreyfus opened the Armateurs de France and BIMCO event in Paris on 14 June 2016. The purpose of the event was to provide an overview of BIMCO’s main activities and explain the ongoing work on some high profile BIMCO contracts like the BIMCO Standard Term Sheet and the recent Bunker Terms 2015.
In his opening remarks Mr Louis-Dreyfus said: “In my capacity as BIMCO President I am very pleased to introduce BIMCO and its core activities; as a key player in international shipping, BIMCO and its work is highly relevant to the French shipping community”.
Following the opening of the event, President of Armateurs de France and CEO of Louis Dreyfus Armateurs, Gildas Maire, gave an introduction to the company.
Commenting on BIMCO’s activities relating to contracts and clauses, Chairman of Louis Dreyfus Armateurs Mr Louis-Dreyfus said: “BIMCO’s contractual work is absolutely essential for the shipping industry as part of their daily business activities. With BIMCO engaging in the development of a standard term sheet, the organisation has proved ready to break new ground”.
President of Armateurs de France Gildas Maire, who is actively involved in the development of the term sheet added: “I feel confident that a BIMCO standard term sheet will be a very useful and practical tool to have in hand when negotiating ship financing, whatever the size of the shipowner”.
Feedback or a question about this information?
Posted:
17 June 2016
VPS Bunker Alerts
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
Latest ice reports for members
Latest piracy reports
Latest industry releasable threats
Related publication
Ship Management Contracts
The handy guide contains explanatory notes to all of BIMCO’s current standard ship management contracts.
Related training
Commodity Trading & Chartering Masterclass Online
- Online, Online
- 03 February, 2025
Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions delivered over 5 days. Each day will run for 2x75 minutes with a short break...
ELSEWHERE ON BIMCO
Contracts & Clauses
All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.
Learn about your cargo
For general guidance and information on cargo-related queries.
BIMCO Publications
Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.
About a new business partner
We can help members check new business partners. We also help to recover millions of USD (undisputed) funds every year.
