Bargehire Terms: means the Bargehire Standard Barge Charter Party terms and Towcon Terms: means the Towcon International Ocean Towage. Page CHAPTER 6 Standard form contracts: (iv) the bimco “bargehire ” form Part A. The genesis of the “Bargehire” form The publication by BIMCO. The BIMCO BARGEHIRE 94 Standard Barge Bareboat Charter Party, as reproduced at the end of this article, is the final result of the work of the sub- committee.

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It has been found useful to include a substitution provision giving the Owners a right to substitute the barge described in Part I with an equivalent barge suitable for the purpose of the charter in question.

It is common practice in the industry for barge bareboat charters to be entered into a long time before the charter period is expected to run and the actual dates known. Lines are open It should be stressed that sub-clause 16 ii is optional and is only to apply if expressly agreed and stated in Box 29, in the event of which sub-clause l6 i shall be considered deleted. The provision should be seen against the background that, under a barge bareboat charter, the Owners have no influence on, nor are they responsible for, the management and the operation of the barge.

Clause 2 – Period of Charter Party Sub-clause b provides the Charterers with the right to extend the charter party by up to one-third of the agreed charter period or 45 days, whichever is the lesser. Novation Agreement for Shipbuilding Contracts. Dangerous Goods Declaration 1.

Therefore, the purpose of this Clause is to ensure that, batgehire such specialised operations which may 22008 a certain danger to the barge, a qualified ballast engineer is used. Even bargfhire it is the Charterers who take out the insurance if Clause 16 ii applies, there may be situations where the Owners have a legitimate interest in being informed about the employment of the barge.

You will now receive updates about contracts and clauses. Clause 3 – Delivery The port or place of delivery agreed shall be stated in Box Non-delivery of a barge by the Owners, or even a small delay, may have serious consequences for the Charterers, not least when they are engaged in large construction projects in the offshore industry. However, it appears to be common practice in the barge industry to contractually limit the Owners’ liability towards the Charterers in the event of non-fulfilment of their obligations to deliver the barge resulting in claims made against the Charterers by third parties.

According to the first paragraph bargehie this Clause the port 208 place of redelivery agreed shall be indicated in Box It is important that the date of the last special survey is indicated in Box Clause 25 – Assignment and Sub-Demise The first paragraph of this Clause gives the Charterers a right to subdemise or assign the barge provided that proper consent, bargehier shall not be unreasonably withheld, has been obtained from the Owners in writing. The multitude of war situations with which the world has been confronted during recent years has shown that some war clauses, notably in old charter parties, have serious shortcomings and do not explicitly cover all the various situations which may arise nowadays as a result of war or warlike operations.

It is expected that a new standard barge bareboat charter developed by BIMCO will ensure a wide international acceptance, the aim being to develop a balanced, concise and practical barghire which takes into account all the peculiarities of the trade.

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This Clause provides for the drawing up of inventories and the taking over of consumable oil and stores at delivery and redelivery. When negotiating the charter terms, Box 18 will also have to be filled in with the delivery period notification scheduleas follows: If the Owners wish to exercise this option they shall notify the Charterers thereof no later than 15 days prior to the delivery date.

Maritime Files – Standard Barge charter party BARGEHIRE

However, based on experience, notably in the Unites States, this Clause may not prove effective if the supplier does not actually know that the charter contained such a provision. However, it is possible and 2080 for the barge bareboat Charterers to be Co-assured on the Bargehie insurance policies and sub-clause 16 i a accordingly provides for this. Standard Time Sheet Short Form. For all the latest market analysis on global shipping including macro economics, tanker, container and dry bargehige.

As follows from sub-clause 30 dif Box 35 is not filled in, sub-clause a of this Clause i. The Charterers may not always possess sufficient expertise and experience to conduct the operations mentioned and, above all, the ballast engineer would typically be familiar with that particular barge.

Of course, proper insurance of the barge is considered paramount, and sub-clause 16 i b therefore bqrgehire that in the event that any act or negligence by the Charterers vitiates any of the insurances, the Charterers shall pay to the Owners all losses and indemnify the Owners against all claims which would otherwise have been covered by such insurances.

In order to minimise bqrgehire risk of disputes it has been clearly stressed in which condition the Charterers must redeliver the barge. At its meeting held in Singapore in Maythe Documentary Committee of BIMCO gave its support to the idea of developing such a standard barge bareboat charter to meet an increasing demand in this area of activity.

Hence sub-clause bqrgehire i f. The provisions of the second paragraph of this Clause shall be seen in the light of the fact that it is the Charterers who are in control of the barge and the project in question. However, it has been felt that a certain grace period should be granted to the Charterers if, for a bona tide reason, they happen to be behind with payment.

The charterers of large and smaller barges are usually oil companies, construction contractors and fabrication barggehire who use the barges for transportation and storage of heavy and voluminous cargoes, such as modules for offshore platforms, in long and short term contracts. Contact Singapore Office on: Clause 21 – Early Redelivery This Clause is self-explanatory.

Law of Tug and Tow and Offshore Contracts

As in sub-clause 16 ithe possibility of placing additional insurance by both parties is also envisaged bargehird sub-clause 16 ii t to the extent such additional insurance is permissible as already explained in regard to sub-clause 16 i above. The second paragraph of this Clause intends to cover contractually the Owners’ sale of the barge bzrgehire prior to delivery or during the performance of the charter, and the effect of such sale of the barge on the charter party commitments.

It was envisaged that the provisions of such a charter could largely be based on the terms and conditions of the BARECON 89 Standard 2080 Charter but suitably adapted to meet the special requirements of barge chartering. These points are covered in sub-clauses 15 a and 15 b whereas subclause 15 c sets out how fractional hire should be calculated if the first and last month’s hire is less than a full 20008.

Clause 17 – Charterers’ Responsibilities Bareboat chartering, by definition, implies that the Charterers, practically and legally, take over the whole position of the Owners with one important exception, i.

Standard Escrow Agreement for Disputes 1. Thus, this sub-paragraph bargehife the Owners a right to sell the barge provided the Charterers’ consent, which shall not be unreasonably withheld, has been obtained.

Novation Agreement for the Transfer of Ownership.