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.
Emission trading systems (ETS) are “cap and trade” schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce emissions through increased efficiency and the use of alternative fuels... Please follow the link to continue reading.
Explore the newest developments in BIMCO's contracts and clauses with the upcoming meeting of the BIMCO Documentary Committee in Hamburg on March 22, including discussions on updated SHIPMAN, revised Russian Oil Price Cap Scheme Clause, and insights into the industry's response to CII.
BIMCO has developed a standard mandate for use when the parties to a ship management contract agree to give a mandate under the EU Emission Trading System.
Work to update BIMCO’s two standard crew management agreements, CREWMAN A and CREWMAN B, has started this week. The aim is to have both revised contracts ready for use in spring 2025.
Nick Fell, Chairperson of the Documentary Committee, reflects on 2023
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The following notes are intended to provide some of the thinking behind the provisions of GUARDCON. Nature of the Contract SECTION 1 – Basis of the Contract 1. Definitions 2. Commencement, Appointment and Duration SECTION 2 – Security Services 3. Security Services 4. Engagement of... Please follow the link to continue reading.
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