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BIMCO contracts are standardized maritime agreements that cover a wide range of activities such as the chartering of vessels, the transportation of goods, and ship management.
What is a towcon?
TOWCON is an international ocean towage agreement on a lump sum basis. The form is aimed at the commercial towage sector and is not intended for use in port towing. The latest edition of this contract is TOWCON 2021. Copyright in TOWCON 2008 is held by BIMCO.
What is the difference between Towcon and Towhire?
TOWHIRE is the industry standard ocean towage agreement with remuneration calculated on a daily hire basis and TOWCON is its twin where remuneration is calculated on a lump sum basis. BARGEHIRE is the industry standard bareboat charterparty specifically designed for unmanned, non-self-propelled seagoing barges.
Jun 11, 2002 Thereafter, ISL entered into a contract with Smith Maritime (the Towcon) for towage of the destroyers from Pearl Harbor to Brownsville. Smith
Rainey, Simon, author. Title. The law of tug and tow and offshore contracts / Simon Rainey (of Corpus Christi College, Cambridge, lUniversit de Bruxelles and
Commercial marine. We are active both in exploration/production and supply/service sectors, supplying systems that range from facilitating seismic research
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