A Practical Guide to the Legal and Insurance Implications.

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.

Author:  Mark Davis

ISBN: 13: 978-1-843114239

Published: Taylor & Francis (Informa Law by Routledge) 2nd Edition 2005

Binding: Hardback

CONTENTS:

1. The Nature of a Bareboat Charter
2. The Formation of a Bareboat Charter
3. The BIMCO BARECON 2001 Form
4. Clauses 1, 2 and 3- Definitions, Charter Period and Delivery
5. Clause 4- Time for Delivery
6. Clause 5- Cancelling
7. Clause 6- Trading Restrictions
8. Clause 7- Surveys on Delivery and Redelivery
9. Clause 8- Inspection
10. Clause 9- Inventories, Oil, and Stores
11. Clause 10- Maintenance and Operation
12. Clause 11- Hire
13. Clause 12- Mortgage
14. Clauses 13/14 - Insurance and Repairs
15. Clause 15- Redelivery
16. Clause 16- Non-Lien
17. Clause 17- Indemnity
18. Clause 18- Lien
19. Clause 19- Salvage
20. Clause 20- Wreck Removal
21. Clause 21- General Average
22. Clause 22. Assignment, Sub-Charter and Sale
23. Clause 23. Contracts of Carriage
24. Clause 24- Bank Guarantee
25. Clause 25- Requisition/Acquisition
26. Clause 26- War
27. Clause 27- Commission
28. Clause 28- Termination
29. Clause 29- Repossession
30. Clause 30- Dispute Resolution
31. Clause 31- Notices
32. Part III: Provisions to Apply for Newbuilding Vessels Only
33. Part IV: Hire/Purchase Agreement
34. Part V: Provision to Apply for Vessels Registered in a Bareboat Charter Registry
35. Finance Charters and Leases
36. In Rem Claims and Admiralty Jurisdiction
37. Pollution
38. Frustration