Agency Appointment Agreement Bimco

Over the past two decades, the practice of signing agency contracts has declined considerably, as functions have changed – for example, port agency companies can only cover or operate for line companies. As a result, some relationships between counterparties have developed on the basis of an e-mail or even telephone appointment between the port managers concerned. Launched in January 2017, FONASBA`s appointment form for FONASBA BIMCO is a new document designed to formalize the designation of a ship agent for a single port or a relatively short series of calls to a limited number of ports. The form is suitable for use in all trades, including bulk products (dry and liquid), sheaths, project and short sea shipping. The contract form can be downloaded by clicking on the link above. The webinar was moderated by Pernille Kérvad Jacobsen, MANAGER, contracts and clauses of BIMCO, and presented with a panel of members who participated in the development of the new form, explained the reasons for the evolution of the agreement and answered questions from participants on the form. Carlini said the model contract had “created a strong agreement that allows agents and operators to focus on core business, build closer ties and not worry about potential litigation or legal issues.” BIMCO and FONASBA, the global organization representing ship brokers and ship agents, have once again banded together to create a new general agency agreement for port agents, shipowners and ship operators commanding port agency services. And from BIMCO`s point of view, it`s just as important to adapt agency agreements to make them more user-friendly. FONASBA Standard Liner Agency Agreement (revised and adopted in July 1993) – Line agency agreement between the line leader and the agent, recommended by the Baltic and International Maritime Council (BIMCO).

A new draft model general agreement for agencies has been launched, including a comprehensive list of tasks that have been concluded between shipowners and ship operators and agencies. Aaa and GAA should now replace existing agency agreements in their day-to-day use, but they will remain available for the foreseeable future as they have specific needs. A port agent The Loadstar said today that he would take a look at the new agency contract to see if it could be adapted to the use of his business. FONASBA General Agency Agreement 1993 General agency agreement for regular services between the line leader and the general plenipotentiary. Recommended by BIMCO. Revised and adopted in 1993. Replaced by the Standard Liner – General Agency Agreement 2001 FONASBA / ITIC ISPS Code Clause A Clause for inclusion in agency contracts that defines and limits the agent`s liability for the transmission of ISPS compliance information between the vessel and coastal authorities. Developed in collaboration with ITIC. “We haven`t had too many arguments over the years, but when we have, we normally have to give in to keep the business,” he admitted.

“It could be good for us, but only if there is a mutual agreement between our sponsors to use it.” Parties to the agreement may choose their requirements from a list of functions including traditional port or general agencies and ship management, distribution and marketing, as well as other niche and ad hoc services. The Agency`s appointment contract contains a number of standard provisions for the appointment of an agent for a single port call. The contract is concluded between the representative and a shipowner, ship operator, charterer or manager and sets out the benefits to be provided and the remuneration to be paid. This contract was published on January 9, 2017 and is the last edition.