Charter Party - Standard Form Pick
Standard charter-party form selection - BIMCO vs others - by segment + duration.
Recommended form
NYPE 2015
Formula, assumptions, and limits
BIMCO forms most common. Oil majors' own forms (SHELL, BP) used in tanker trade. Modifications by rider clauses. LMAA / SCMA arbitration clauses included.
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| Charter Party form | - | BIMCO catalogue |