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BIMCO launches its first ship sale and purchase agreement

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Published on: 26 April 2022
Published by LNB News

LNB News 26/04/2022

Document Information

Issue Date: 26 April 2022

Published Date: 26 April 2022

Jurisdiction(s): United Kingdom

Article summary

The Baltic and International Maritime Council (BIMCO) has launched its first ship sale and purchase (S&P) agreement that it developed over a two-year period. The standards organisation said it aimed to make the negotiation and sale process faster and simpler by offering a modern, comprehensive alternative that saves users both time and money, while retaining the necessary familiarity for users transitioning from other S&P documents.

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Jurisdiction(s):
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