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Tanker Operator BIMCO launches new contract for employment of security escort vessels

Tanker Operator BIMCO launches new contract for employment of security escort vessels
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Dan Carr , Bw Group Nick Fell , Deputy General Counsel , Exclusive Economic Zone , Nick Fell ,

BIMCO Launches Contract For Security Escort Vessels

Shipping association BIMCO said it has created a new standard contract for providing a balanced contractual framework for… ....

Dan Carr , Bw Group Nick Fell , Deputy General Counsel , Exclusive Economic Zone , Nick Fell ,

BIMCO Launches New Contract For Employment Of Security Escort Vessels | Hellenic Shipping News Worldwide

BIMCO’s Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The standard is a balanced contractual framework for SEVs that accompany merchant ships in high threat areas such as the Gulf of Guinea which has recently seen a rise in piracy activity as the dry season has begun. The new contract . ....

Dan Carr , Bimco Documentary Committee , Bw Group Nick Fell , Deputy General Counsel , Exclusive Economic Zone , Nick Fell ,

Change at the helm of BIMCO Documentary Committee | Hellenic Shipping News Worldwide


Change at the helm of BIMCO Documentary Committee
Documentary Committee Chairman Francis Sarre of CMB has, after six years in the driver’s seat, passed over the reins of BIMCO’s contracts and clauses approval body to Nick Fell of BW Group. Fell takes over as Chairman at a time when the industry needs strong contractual solutions, not least due to the COVID-19 pandemic.
Under Francis Sarre’s chairmanship, BIMCO’s Documentary Committee has adopted more than 50 contracts and clauses. Sarre has, amongst many other high-profile projects, spearheaded BIMCO’s move into the ship financing area with the development of two term sheets for bilateral and syndicated term loan facilities, SHIPTERM and SHIPTERM S – projects which he also chaired himself. The suite of term sheets was completed with the development of a standard ship sale and leaseback term sheet, SHIPLEASE, published in September 2020. ....

City Of , United Kingdom , Francis Sarre , Corporate Services , Bw Group , Committee Chairman Francis Sarre , Nick Fell , Documentary Committee , Secretary General , General Counsel , Executive Vice President , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , பிரான்சிஸ் ஸார் , பெருநிறுவன சேவைகள் , பவ் குழு , நிக் விழுந்தது , ஆவணப்படம் குழு , செயலாளர் ஜநரல் , ஜநரல் ஆலோசனை , நிர்வாகி துணை ப்ரெஸிடெஂட் ,