Standard Ship Management Agreement - SHIPMAN 2024 24.06.2024 11:02
BIMCO published a revised ship management agreement, “SHIPMAN 2024”, following a two-year review process involving input from shipowners, managers, P&I clubs and insurance and legal experts.
Since its original introduction in 1988, the BIMCO standard ship management agreement SHIPMAN (revised in 1998 and 2009) has established itself as the global standard ship management agreement. Adopted on 22 March 2024, the new SHIPMAN 2024 represents a light touch revision of the standard form, incorporating established standalone clauses and new provisions reflecting these developments.
