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.
TOWHIRE is the industry standard contract for ocean towage on a daily hire basis. In the latest revision, it has undergone a thorough revision to clarify ambiguities and has been restructured to make it easier to use. TOWHIRE has been aligned with TOWCON as far as possible to ensure consistency. How... Please follow the link to continue reading.
With reference to the announcement on pages 2916-2922 of BIMCO Bulletin V/1974 of the new editions of the “Baltime 1939” and the “Linertime” Charters, i.e., with the “box layout”, there is reason once more to underline that the “Linertime” Deep Sea Time Charter is intended especially for fixtures fo... Please follow the link to continue reading.
Introduction Part I Part II Clause 1 - Definitions Clause 2 - Appointment of Crew Managers Clause 3 - Basis of Agreement Clause 4 - Crew Insurance Arrangements Clause 5 - Crew Managers’ Obligations Clause 6 - Owners’ Obligations Clause 7 - Crew Management Fee Clause ... Please follow the link to continue reading.
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.
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Pooling agreements, as a means of achieving efficiencies for shipowners with the benefits being passed on to their customers, are a feature of tramp markets. In October 2012, BIMCO published POOLCON (now renamed POOLCON A) as the first of two specialist documents setting out the basis for contractua... Please follow the link to continue reading.
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