All of BIMCO’s most widely used charter parties, bills of lading and other standard agreements are available in an electronic format using BIMCO’s online pay-as-you-go charter party editing system, SmartCon….BIMCO contracts.
| A | Agency Appointment Agreement |
|---|---|
| S | Standard Escrow Agreement for Disputes |
| Standard Statement of Facts |
What are the basic contents of a voyage charter party?
Preamble : Identity of parties; identity of vessel; warranty of seaworthiness; present position of vessel; expected date of readiness to load; obligation to proceed to loading port or place; identity of and safety of loading port or place; amount and nature of cargo to be loaded; obligation to proceed to and identity …
What is NYPE charter party?
Overview. The New York Produce Exchange Form (NYPE) is the most widely used standard time charter party in the dry cargo sector. NYPE 2015 was developed in cooperation between BIMCO, the Association of Shipbrokers and Agents (ASBA), who are the copyright holders of the form, and the Singapore Maritime Foundation (SMF).
What is the purpose of BIMCO?
BIMCO states that its primary objective is to protect its global membership through the provision of information and advice, while promoting fair business practices and facilitating harmonisation and standardisation of commercial shipping practices and contracts.
What BIMCO means?
marine. A commercial shipping trade organisation headquartered in Copenhagen. BIMCO is one of the largest international organisations of ship owners in the world.
What does a contract by charter parties cover?
The charter agreement lists the ports of call, destination, and restrictions on cargo, if any. Most voyage charters are undertaken by charterers who have cargo that needs to be shipped. For this, they contact ship owners through brokers and arrange a ship for a particular voyage.
What is voyage orders?
A voyage charter – is a contract for the carriage by a named vessel of a specified quantity of cargo between named ports or places. It may be thought of as equivalent to the hire of a taxi for a single journey, or for a series of several consecutive journeys in the case of a consecutive voyage charter.
What is NYPE in shipping?
by Ship Inspection. New York Produce Exchange form (NYPE). This standard form time charterparty was approved by the New York Produce Exchange when it was first published in 1913. Amendments were made in 1921, 1931 and 1946.
