SHIPMAN 2009, BIMCO’s much-used ship management agreement, is currently being revised and the drafting team in charge of the project has finalised a draft for industry consultation.
Mindful of the wide use of SHIPMAN 2009, the main focus has been to bring the contract up-to-date by reflecting commercial developments in ship management practices whilst adding a number of boilerplate provisions that have become relevant because of regulatory changes, thereby reducing the need for rider clauses.
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