Shipsale 22 – So what’s new?

On 25 April 2022, BIMCO published its first own standard form of a ship sale and purchase agreement, called: SHIPSALE 22. According to BIMCO’s accompanying statement, publication concluded a two-year drafting process, which reportedly considered over 800 comments and suggestions from the shipping industry. The head of the nine-person drafting team, Francis Sarre of CMB, …

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