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Time Charter Party Forms PDF

The document discusses time charter party forms recommended for different cargo types. For dry cargo, BALTIME 1939, GENTIME, and NYPE 93 are preferred. For oil tankers, INTERTANKTIME 80 and BPTIME 3 are recommended. BIMCO has also developed charter forms for specialized trades like containers (BOXTIME), offshore vessels (SUPPLYTIME), liquefied gas (GASTIME), chemicals (BIMCHEMTIME), and bareboat charters (BARECON). The document encourages using and recommending these standard forms.

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3K views1 page

Time Charter Party Forms PDF

The document discusses time charter party forms recommended for different cargo types. For dry cargo, BALTIME 1939, GENTIME, and NYPE 93 are preferred. For oil tankers, INTERTANKTIME 80 and BPTIME 3 are recommended. BIMCO has also developed charter forms for specialized trades like containers (BOXTIME), offshore vessels (SUPPLYTIME), liquefied gas (GASTIME), chemicals (BIMCHEMTIME), and bareboat charters (BARECON). The document encourages using and recommending these standard forms.

Uploaded by

pgupta71
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© Attribution Non-Commercial (BY-NC)
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Time charter party forms - BIMCO https://www.bimco.org/Members/Chartering/Time_Chartering/Time_ch...

T im e charter party form s

So far as dry cargo is concerned, preference should be given to standard forms such as BALTIME 1939 (revised 2001), GENTIME and NYPE 93. The latter represents a general
revision of the “Nype 1946” by the Association of Ship Brokers & Agents (U.S.A.) Inc., (ASBA), New York in co-operation with BIMCO and the Federation of National Associations
of Ship Brokers and Agents (FONASBA). GENTIME is a modern and comprehensive time charter party for dry cargo vessels, although it can also be used for the container trade.
Introductory notes to the three charter party forms can be found at www.bimco.org.

For oil tankers preference should be given to INTERTANKTIME 80 or, alternatively the BPTIME 3 form which was published in 2001. Introductory notes to the latter can be found
at www.bimco.org.

Keep in mind that BIMCO has developed a number of time charter forms for special trades: BOXTIME 2004 for purpose-built container vessels, SUPPLYTIME 2005 for off-shore
service vessels, GASTIME for carrying liquefied gas, BIMCHEMTIME 2005 for carrying chemicals in bulk, and BARECON 2001 to be used for bareboat chartering of
commissioned vessels or newbuilding financed by mortgage.

Support these documents by recommending them to Principals and by using them!

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