ABSTRACT

This book examines for the first time the Barecon 2001 form which was adopted by the Documentary Committee of BIMCO in November 2001. The title explains the nature and formation of a bareboat charter, and examines and comments upon each of the clauses contained in the new form, drawing comparisons with the Barecon 89 form. It gives separate consideration to the form and the issues that arise in the context of finance charters and leases. It also provides valuable guidance upon the admiralty and arrest jurisdiction of the English court in relation to bareboat charters. The second edition has been thoroughly revised and updated, with extended commentary on the issues arising in the context of bareboat charters regarding insolvency, insurance and the provisions for new buildings.

chapter Chapter 1|6 pages

The Nature of a Bareboat Charter

chapter Chapter 2|11 pages

The Formation of a Bareboat Charter

chapter Chapter 3|2 pages

The BIMCO Barecon 2001 Form

chapter Chapter 5|3 pages

Clause 4—Time for Delivery

chapter Chapter 6|4 pages

Clause 5—Cancelling

chapter Chapter 7|3 pages

Clause 6—Trading Restrictions

chapter Chapter 9|3 pages

Clause 8—Inspection

chapter Chapter 10|3 pages

Clause 9—Inventories, Oil and Stores

chapter Chapter 11|9 pages

Clause 10—Maintenance and Operation

chapter Chapter 12|8 pages

Clause 11—Hire

chapter Chapter 13|3 pages

Clause 12—Mortgage

chapter Chapter 14|10 pages

Clauses 13/14—Insurance and Repairs

chapter Chapter 15|7 pages

Clause 15—Redelivery

chapter Chapter 16|3 pages

Clause 16—Non-lien

chapter Chapter 17|3 pages

Clause 17—Indemnity

chapter Chapter 18|4 pages

Clause 18—Lien

chapter Chapter 19|3 pages

Clause 19—Salvage

chapter Chapter 20|2 pages

Clause 20—Wreck Removal

chapter Chapter 21|3 pages

Clause 21—General Average

chapter Chapter 23|6 pages

Clause 23 — Contracts of Carriage

chapter Chapter 24|9 pages

Clause 24—Bank Guarantee

chapter Chapter 25|4 pages

Clause 25—Requisition/Acquisition

chapter Chapter 26|5 pages

Clause 26—War

chapter Chapter 27|7 pages

Clause 27—Commission

chapter Chapter 28|7 pages

Clause 28—Termination

chapter Chapter 29|6 pages

Clause 29—Repossession

chapter Chapter 30|10 pages

Clause 30—Dispute Resolution

chapter Chapter 31|5 pages

Clause 31—Notices

chapter Chapter 32|8 pages

Part III: Provisions to Apply for Newbuilding Vessels Only

(Optional, only to apply if expressly agreed and stated in Box 37)

chapter Chapter 33|5 pages

Part IV: Hire/Purchase Agreement

(Optional, only to apply if expressly agreed and stated in Box 42)

chapter Chapter 34|5 pages

Part V: Provision to Apply for Vessels Registered in a Bareboat Charter Registry

(Optional, only to apply if expressly agreed and stated in Box 42)

chapter Chapter 35|14 pages

Finance Charters and Leases

chapter Chapter 36|10 pages

In Rem Claims and Admiralty Jurisdiction

chapter Chapter 37|9 pages

Pollution

chapter Chapter 38|10 pages

Frustration