SmartCon

BIMCO To Revise the ‘Most Used’ Tanker Charter Party

  • BIMCO and ASBA have approved a voyage charter party for publication to serve the growing gas tanker industry.
  • ASBAGASVOY has been developed specifically for the gas tanker trade and replaces ASBATANKVOY clauses which pertain to the traditional product tanker trades.
  • An important feature of ASBAGASVOY is the introduction of a presentation clause.
  • ASBAGASVOY and ASBAGASBILL will soon be available on SmartCon and on ASBA website.

BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc....

https://mfame.guru/bimco-to-revise-the-most-used-tanker-charter-party/

SmartCon Tool Gets E-Signature Update

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  • BIMCO has updated its contract editing tool, SmartCon, with a new feature.
  • This enables users to add electronic signatures to their finalized contracts using DocuSign and thereby save time and money compared to relying on physical signatures.

BIMCO has updated its contract editing tool, SmartCon, with a new feature that enables users to add electronic signatures to their finalized contracts, reads the company’s website.

Docusign system

The new feature uses the DocuSign system – a legally binding...

https://mfame.guru/smartcon-tool-gets-e-signature-update/

Be Smart on Your Standard Forms

BIMCO bulletin explains why it is important to pay attention to standard forms.

Dispute between contracting parties

Lawyers spend countless hours of working lives interpreting contractual terms. Sometimes the meaning, as far as a court or tribunal would see it, is crystal clear. Other times it is not.

In many instances where there is a dispute between contracting parties, both sides have absolutely fixed but completely opposing views as to what a contractual provision is intended to convey.

Not...

http://mfame.guru/be-smart-on-your-standard-forms/