Bimco Towhire Agreement

TOWHIRE is an international shipping contract based on daily basis. The form is intended for the commercial towing industry and is not intended for use in the tow port. The last edition of this contract is TOWHIRE 2008. Towing wires on tugs are expensive. If they break during a towing operation, who should be responsible for repairing or replacing them? These and other issues were discussed at the last biMCO TOWCON and TOWHIRE 2008 collective agreement review meeting. BIMCO is adapting the SHIPMAN 2009 agreement currently used for the use of autonomous vessels, but the actual absence of autonomous vessels currently in service will involve ongoing adaptations, while the industry will advance its pioneering projects. The first version is expected to be published in 2021. BIMCO has extended its future ship financing suite by introducing SHIPLEASE, a sectoral standard for ship sales and leasing. SHIPLEASE is a sheet of indicative terminology for use in both operating leasing and leasing. It was designed primarily for used ships, but it can be adapted to new constructions. Towage requires expertise and often specialized equipment.

A vessel that is not a fully equipped tug is unlikely to have the equipment or crew to ensure the safety of the tow, and errors in assessment or equipment error may result in the loss of the tug and cargo and expose the member to high demands, not just by the owners of the tug and tug. but also authorities requesting the removal of the wreckage. These debts are not considered debts that should be shared by membership as a whole in a context of reciprocity. Therefore, there is no cover for liability, costs and expenses that may result from the loss or damage of a vessel or other floating structure towed by the entered vessel, or for cargo or any other property on such a vessel or floating structure, or for the removal of the wreckage of a ship or a floating structure. , or cargo or other property on such a vessel or floating structure, with the exception of the two specific cases described in Rules 43.3.a and b.

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