Counter-piracy: BIMCO's GUARDCON Contract INTERTANKO Endorsed

Press Release
Monday, October 15, 2012

INTERTANKO’s Documentary Committee endorses BIMCO's newly published standard contract for Private Armed Guards (GUARDCON).

GUARDCON has now been in use for some months. During this time the Documentary Committee has reviewed the GUARDCON wording and, as the use of private armed guards has proliferated, has considered it against a backdrop of other contracts for the use of private armed guards. The Committee found that private armed guard contracts vary in content and standard, with some being unclear and/or unfavourable to owners. In some, legal rights and obligations of the parties are ill-defined.

At the second Documentary Committee meeting of 2012, which took place in London on 12 September 2012 under the chairmanship of David Chapman of OSG Tankers UK Ltd, the Committee, on behalf of INTERTANKO, endorsed GUARDCON as a model contract for use by shipowners who engage private armed guards.

BIMCO’s Chief Officer for Legal and Contractual Affairs, Grant Hunter, said “We are delighted that INTERTANKO’s Documentary Committee has given its official endorsement of GUARDCON as a model contract for the employment by owners of maritime security guards. INTERTANKO’s support will certainly help keep GUARDCON foremost in the minds of tanker operators when engaging on board security teams.”

BIMCO hope that with INTERTANKO support, GUARDCON can continue its move towards becoming an industry standard.
 

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

Legal

Asian Nations Call for Stop to South China Sea Land Work

Calls grow for China to halt land reclamation. Southeast Asian countries on Tuesday backed a U.S. call to halt land reclamation in the South China Sea, underlining

FMC Collects $1,227,500 in Penalties from NVOCC's

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties.

NYK Hosts Safety Conference

Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture.

Maritime Security

Pressure for Australia Sub Deal Grows

Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders. Australia will spend A$89 billion ($65 billion) on

Asian Nations Call for Stop to South China Sea Land Work

Calls grow for China to halt land reclamation. Southeast Asian countries on Tuesday backed a U.S. call to halt land reclamation in the South China Sea, underlining

Latest USCG Cutter At Boston Harbor

The Coast Guard’s latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3, 2015. The James is the fifth of eight planned National

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage 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: 0.1564 sec (6 req/sec)