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Bimco Fonasba Agency Agreement

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Aaa and GAA are now expected to replace agency contracts for everyday use, but they will remain available for the foreseeable future as they have a specific need. FONASBA General Agency Agreement 1993 General Agency Contract for regular services between the Line Manager and the General Representative. Recommended by BIMCO. Revised and adopted in 1993. Replaced by Liner & General Agency Agreement 2001 The Standard Normale Agency Services Summary is a guidance document that helps agents and principals agree on the services the agent will provide for normal port agency fees, which will avoid litigation in the future. This document lists the services normally expected by an agent, although there is of course room for manoeuvre to modify them if necessary. The summary links and supports the agreements of the Agency and the General Agency, using the same terms of activity and using common terminology. FONASBA Standard Liner Agency Agreement (revised and adopted July 1993) – Liner Agency Agreement between Liner Principal and Agent, recommended by the International Maritime Council (BIMCO). FONASBA BIMCO Agency Appointment Agreement (AAA) Launched in January 2017, the FONASBA BIMCO Agency Appointment Agreement is a new document to formalize the appointment of a shipping agent for a single point of departure or a relatively short series of calls at a limited number of ports. The form is suitable for use in all trades, including bulk, dry and liquid transport, liner, project and short sea shipping. The contract form can be downloaded by clicking on the link above. The latest entry in the Agency`s series of futures documents (December 2017) is the General Public Security Agency`s agreement, designed for longer-term agency contracts than the aaa (see below) or for a wider range of ports.

The basic form covers all the main conditions of an agency contract, but it will be supplemented in due course by a number of commercial clauses that will continue to align the agreement with the specific needs of the sector. The form can be downloaded by clicking on the link above. This form, based on BIMCO`s proven layout, offers a simple, clear and efficient way to confirm the details of an agency contract for a single or short series of stopovers. Fonasba and BIMCO are pleased to announce the implementation of a new document on the agency appointment agreement. This new form, based on BIMCO`s proven layout, offers a simple, clear and efficient way to confirm the details of an agency contract for a single or short series of port calls. Many agency appointments are agreed on the basis of a telephone conversation or a simple email exchange, and this new form formalizes this exchange by clearly defining the details of both parties, the basis of remuneration and, above all, the responsibilities and obligations of the parties. The agreement was developed over a period of about eight months by a small group of senior Fonasba and BIMCO officials. Once completed, the document was submitted to the Fonasba Council at its annual meeting in London in October 2016 and to the BIMCO Documentation Committee at its meeting in Copenhagen the following month and approved by the Committee. With the formal approval of both organizations, the document is now operational worldwide for shipowners, ship operators and ship agents. It can be obtained from the FONASBA website or via BIMCO`s IDEA system. John Foord FICS, chairman of the fonasba drafting group (and now president of the Federation), said the new form would bring clarity and security to the process of appointing agents and ensure that both sides were fully aware of their responsibilities and obligations.

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