
This booklet includes a sample copy of the NEWBUILDCON contract and the related explanatory notes. The explanatory notes provide some background information on the clauses of the BIMCO contract.
The objective of developing a BIMCO Standard Newbuilding Contract is to provide builders and buyers with a different choice of contract to those currently in use. At present, most buyers are obliged to rely on the shipbuilding contract produced by the shipyards. NEWBUILDCON offers the parties a concise, balanced and comprehensive shipbuilding contract. In its simplest form the BIMCO contract provides both parties with an ideal checklist to ensure that whatever final agreement is reached, shipyards have the key provisions required in any shipbuilding contract.
NEWBUILDCON – Standard Newbuilding Contract
Explanatory Notes
- Number of Pages:
- 70
- Published Date:
- September 2020
- Book Height:
- 210 mm
- Book Width:
- 150 mm
- Weight:
- 0 kg
- Author:
BIMCO
- Preview:
- Yes