Contracts for Heavy Lift Shipping and Maritime Operations

Thomas Timlen

Asia Liaison Officer

BIMCO briefly…

1905: The Baltic and White Sea Maritime Conference

• Membership organization

• 2500 members in 123 countries

• Owners, port agents, brokers, insurers, lawyers, educational institutions

• Industry Advocate

• International

• Regional

• Local

• Industry advisor

Meeting industry needs

• Goals with BIMCO contracts;

• Trade Facilitation

• Harmonization

• Raising Contractual Standards

• Balanced Contracts

• Legally Sound Language

• Minimize Disputes

• Contracts to cover life of the ship

Contracts & Forms

• 100+ standard Contracts • 1909: BALTIME

• 2005: GASVOY 2005

• 2007: NEWBUILDCON

• 2011: LAYUPMAN

• 2012: GUARDCON

• 100+ standard clauses

• Used in 75% of global shipping transactions

75%

BIMCO Contracts for Heavy Lift Shipping

• PROJECTCON 2006

• HEAVYCON 2007

• HEAVYLIFTVOY 2009

• SUPPLYTIME 2005/1989

• BARGEHIRE 2008

• TOWCON 2008

• TOWHIRE 2008

• BARECON 2001

PROJECTCON

• Initiated in 2003 – published 2006

• Goal – create single platform for tug & barge transport of project cargoes

• Prev: combination of TOWCON, BARGEHIRE, HEAVYCON + SUPPLYTIME

• Experts from: Smit, Anchor Maritime Transport, Ugland, Fearnley’s & The Standard Club

PROJECTCON Part I

• ‘Box’ layout

• Summary of key variable information

• Names/Contact details

• Agreed Rates

• Tug & Barge details

• Cargo details

• Rider Clause reference in Box 29

PROJECTCON Part II

• Main terms and conditions

• Cross referenced to Part I boxes

• Definitions: tug and barge both ‘vessels’

• Scope of voyage

• Ice Clause

• Dispute Resolution

• ISPS/MTSA

HEAVYCON 2007

• Voyage Charter Party

• 1985 version revised in 2007

• Experts from BigLift Shipping, Schiffahrtskontor Altes Land, Fairmount, Heerema, Larsen & Partners and the Standard Club

• A contract for the super-heavylift (float-on/float-of) sector

• Flexibility to cover various loading and discharging methods, single or multiple loading and discharging ports, on or under deck stowage, entire or complete cargoes, etc.

HEAVYLIFTVOY 2009

• 2009 Goal: to replace booking note used for mid-sized cargoes

• Experts from BigLift, SAL Shipping and Jumbo, Liebher Werk, the Standard Club

• Liability – Hague/Hague Visby as often see multiple cargoes on a parcel trade basis

BIMCO idea2

BIMCO idea2

Thank you BIMCO Asia Representative Office Level 30, Six Battery Road, Singapore 049909

Phone: +65 6321 9116

Fax: +65 6321 9117

Email: tt@bimco.org

www.bimco.org