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 March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Court: Japan's Mitsui Paid to Release Ship

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday. Ship was seized over dispute dating back to 1930s. Advisor to plaintiffs says will likely demand more money.

Lawyer: Korea Ferry Owners Accept Responsibilities

The family that has a major stake in companies that control the shipping operator whose ferry sank last week, likely to have killed hundreds, will take social and

Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

Maritime Security

IMB: Piracy Falls to Lowest Level since 2007

The International Chamber of Commerce’s International Maritime Bureau (IMB) has revealed that piracy on the world’s seas is at its lowest first-quarter level since 2007,

Court: Japan's Mitsui Paid to Release Ship

China Supreme Court says Mitsui pays about $29 mln; Ship released about 0030 GMT Thursday. Ship was seized over dispute dating back to 1930s. Advisor to plaintiffs says will likely demand more money.

Global Shipping Exposed to Cyber Threats

The next hacker playground: the open seas - and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Salvage Ship Repair 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: 0.0980 sec (10 req/sec)