General Agent Agreement

BIMCO is adapting the SHIPMAN 2009 agreement currently used for the use of autonomous vessels, but the absence of real autonomous vessels currently in service will require ongoing adjustments, as the industry advances its breakthrough plans. The release of the first version is scheduled for 2021. A panel discusses the new BIMCO/FONASBA General Agency Agreement and explains why agents and their sponsors would benefit from it. The general agency contract has been developed for the provision of selected agency services over a specified period of time in a defined territory or territory. It is designed to be used in all trades and can be adapted to the individual needs of the parties. This contract was published in December 2017 and is the latest issue. Agency appointments are often arranged by phone or email. However, as the operation of the vessel becomes increasingly complex, there is an increasing need for a standard agreement that clearly defines the services to be provided by the agents as well as the commitments and responsibilities of both parties. BIMCO has expanded its Term Sheet Suite for ship financing by introducing SHIPLEASE, a first standard for the sale of ships and leaseback throughout the industry. SHIPLEASE is an indicative roadmap for use in operating and financing leasing. It was designed primarily for used ships, but can be adapted to new constructions. Learn more about BIMCO`s new sale and purchase sheet on December 9 at 15:00 (European Time). The seminar lasts about 45 minutes and the participants will be.

BIMCO has published a contract authenticity clause to encourage parties who issue contracts based on a BIMCO form to agree to use a form obtained by an authorized source like SmartCon. BIMCO has published SHIPLEASE, a new standard term sheet for sales and rental transactions that will be presented in the coming months during a series of free seminars. We start with two webinars and as soon as the situation allows, live networking seminars are planned in Asia, Europe and the United States. Access information on national, regional or port tariffs, taxes and charges. In January 2021, BIMCO will invite the industry to consult the new Ship Sale Agreement in the pipeline and provide feedback. The new form is expected to be published in 2021. The copyright of the general agency agreement is the responsibility of FONASBA. The editors are BIMCO and FONASBA.