IMCA’s Marine Construction Contract Revised

IMCA press release
Tuesday, July 10, 2012
IMCA’s Chief Executive, Hugh Williams.

The International Marine Contractors Association (IMCA) has published a variety of guides, templates and discussion documents aimed at raising awareness on contracting issues (including liability and insurance), promoting discussion and providing tools that may be useful for its contractor members, their clients and sub-contractors. All are subject to revision to ensure usefulness to all stakeholders and that it just what has happened to a key document – ‘IMCA Marine Construction Contract’, with revision to others relating to offshore survey and ROV work in the pipeline. All are designed to aid clients and contractors alongside their in-house standard contracts and other industry publications.


The IMCA Marine Construction Contract is a worldwide standard contract for use by any party as appropriate. It is based on the well established LOGIC contract 'General conditions of contract (including guidance notes) for marine construction', which was published for use in the UK. The IMCA Contracts & Insurance workgroup drafted the original (and updated) version for worldwide use. It is based on English law, but this can be varied to suit users.  It is particularly useful where the parties do not have an ‘in-house’ contract which is often the case for smaller companies and in new regions.  The update provides a number of small clarifications and amendments to the wording.
“Our work on contracts has been very much at the forefront in recent months,” explains IMCA’s Chief Executive, Hugh Williams. “Not only have we revised our Marine Construction Contract, but held an ‘Allocating Risks’ seminar attended by around 70 delegates, most with legal or insurance responsibility for oil companies, contractors or advisers; and we also issued a questionnaire about our contracts work to our contractor and corresponding oil company members which has resulted in most welcome feedback.
 

“Naturally it is important to keep in step with what is going on in the industry, and ‘Allocating Risks’ certainly did this, highlighting changes in pollution legislation, liability and risk allocation in current projects especially in contracts changed post Montara/Macondo.
 

“Our publication ‘General Contracting Principles’ – updated a year ago – was the subject of a presentation by Barbara de Roo, of Heerema Marine Contractors who chairs the IMCA Contracts and Insurance Workgroup.  She looked at a contractor’s approach to ‘risk allocation’, what risks a contractor covers, and what risks a contractor cannot bear, or cannot get insured. We also had the perspective from an oil company (Tom Shiel, Senior Consultant, INDECS Consulting), from a P&I club (Robert Dorey, Offshore Syndicate Director, The Standard Club) and from lawyers (Toby Stephens/Diana France, Holman Fenwick and Nathalie Louys of Subsea 7), while Michael Walls of Marsh looked at the allocation of risks as seen by a broker.
 

“Allocating risk in a contract is critical to safe and efficient delivery of a project; good understanding between the parties; avoidance of overlaps and gaps; focusing appropriately on risk management; and creating clarity in the event of incidents.  Almost all speakers identified that lack of clarity costs money. This seminar and associated workshop is one of a series aimed at improving understanding and dialogue and moving the industry forward – as with so many events, the networking time amongst a seemingly unique gathering of specialists, is invaluable,” adds Hugh Williams.
 

“The next in publication dealing with contracting will be the updated Contract for the Provision of ROV, Support Vessel and Associated Work (based on BIMCO SUPPLYTIME 89) – IMCA R 013 Rev, 1 and a new second publication based on BIMCO SUPPLYTIME 2005, which is used by many members. Where existing publications are used as daily worktools, it makes sound sense to incorporate these, with relevant revisions, into the IMCA contracting ‘library’. All such documents are free to download for members and non-members alike.”
 

  • Feedback from IMCA contract questionnaire
     

In February a questionnaire was issued to all IMCA contractor and corresponding oil company members seeking feedback on the association’s contracts work. The resulting data indicates that members are aware of the contract documents published by IMCA and that most use some parts to support their work. They requested more IMCA contracts publications for other disciplines and phases of work.


IMCA’s contract materials are online at www.imca-int.com/documents/contracts and comprise IMCA Marine Construction Contract Rev. 1; IMCA Decommissioning Contracting Principles; IMCA General Contracting Principles Rev. 1; Guidelines on Identifying and Assessing Risk in Construction Contracts; and sector-specific publications relating to offshore survey and remote systems and ROV. “Every IMCA member is, of course, free to negotiate their own terms, qualify such contracts and to make use of the principles should they wish to do so in order to achieve a contract satisfactory to both parties,” explains Hugh Williams. “Our contracting publications, like our technical ones, are published to help deliver safety and efficiency in our industry.”
 

Full information on IMCA’s activities can be found at www.imca-int.com and area available from IMCA, 52 Grosvenor Gardens, London SW1W 0AU, UK. Tel: +44 (0)20 7824 5520; Fax: +44 (0)20 7824 5521; email: imca@imca-int.com.
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Vigor’s Tacoma Yard Delivers Breasting Barges to Foss

Vigor Industrial expands its newbuild capacity in Washington; Tacoma yard delivers three breasting barges   Fabrication teams at Vigor Industrial’s Tacoma, Wash.

Hands Across the Water

U.S. firms leverage Netherlands-based Damen Shipyard’s vessel designs and technical support. For nearly 40 years, Damen Shipyards Group in the Netherlands has

Icebreakers Ordered for Neft’s Novy Port Project

Aker Arctic’s icebreaker design selected for Gazprom Neft’s Novy Port project   Aker Arctic and Vyborg Shipyard have confirmed a contract for the design of two

Legal

Steelhead Introduces a New Yacht Crane

Steelhead Marine, a North American crane manufacturer, has expanded its product offering with the launch of the new E Series 1000 crane. Suited for commercial and recreational vessels,

SEACOR Marine Sweeps NOIA SIS Awards

The National Ocean Industries Association (NOIA) today presented SEACOR Marine with the 2015 NOIA Safety in Seas (SIS) Culture of Safety Award and Safety Practice Award.

Variable Bore Rams is 35

Variable Bore Rams, Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is celebrating its 35th

Finance

Baltic Index Perks up on Increased Rates for Bigger Vessels

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Thursday as rates for bigger vessels rose.

Tanker Lifts One Million Barrels of Crude at Hariga

A tanker left Libya's eastern oil port of Hariga after lifting one million barrels of crude, an oil official said on Thursday. No new tanker was expected in the next few days,

Georgia Port Increases Container Traffic

The Georgia Ports Authority increased containerized cargo in March by 27.8 percent compared to the same month a year ago, for an additional 72,499 20-foot equivalent container units (TEUs).

News

Vigor’s Tacoma Yard Delivers Breasting Barges to Foss

Vigor Industrial expands its newbuild capacity in Washington; Tacoma yard delivers three breasting barges   Fabrication teams at Vigor Industrial’s Tacoma, Wash.

New Milling Disc from IN.MOTION

IN.MOTION Technology Distribution, LLC, announced the launch of a new milling disc designed for fast, efficient beveling, weld preparation and weld repair. According to the manufacturer,

Newport News Shipbuilding Hosts Sen. Inhofe

Huntington Ingalls Industries (HII) today hosted Sen. James M. Inhofe, R-Okla., for a tour of the company's Newport News Shipbuilding division.   The senator,

Insurance

RT to Frame Guidelines against Cyber Attacks

The Round Table of international shipping associations (RT) comprising BIMCO, ICS, Intercargo and INTERTANKO announced today that they are developing standards

Nairobi Wreck Removal Convention Enters into Force

The Nairobi International Convention on the Removal of Wrecks enters into force on Tuesday, April 14, 2015. The Convention places strict liability on owners for locating,

U.S. Offshore Oil Drilling Rule Planned

The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic

Surveyors

'Amazingly Intact' WWII-era Aircraft Carrier Surveyed

NOAA, working with private industry partners and the U.S. Navy, has confirmed the location and condition of the USS Independence, the lead ship of its class of

Australia: Submarines Excluded from Shipbuild Review

The Australian Navy’s future submarine project has been excluded from the country's shipbuilding review on advice from the Abbott government that the new fleet would be built offshore.

Hybrid Marine Power & Propulsion Workshop

Hybrid Marine Power & Propulsion Workshop – Southampton – May 13 & 14, 2015   In May 2015 U.K. based Shock Mitigation will bring together a group of experts armed

 
 
Maritime Security Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.6205 sec (2 req/sec)