Shipping organisation BIMCO has launched SmartCon, a solution for editing contracts, at Singapore on 18 January 2018.
“SmartCon is a brand-new approach to contract editing, we believe that it will significantly ease the work life of our current users and will attract new users to BIMCO’s contract universe,” says Grant Hunter, Head of Contracts and Clauses at BIMCO at a presentation attended by Manifold Times.
According to BIMCO, the key innovation in SmartCon is that the features are built into a Word document, which integrates and merges with the normal workflow of shipping professionals and legal staff.
The contracts can be shared until it is fixed, without security risks, as everything is protected and authenticated by Microsoft’s Cloud security infrastructure.
“The SmartCon contract editing software has all of IDEA’s software features, but is now based on an encrypted Word-document, which provides additional security, significantly enhanced editing functions and dramatically reduces complexity,” it notes.
“In addition, it has context sensitive explanatory notes, direct access to eLearning modules and members can write directly to BIMCO’s Support & Advice function.”
IDEA is BIMCO’s earlier contract editing software introduced in 2000; there are currently approximately 3,000 companies using IDEA which handles close to 40,000 contracts a year.
SmartCon will replace IDEA in time to come; the new contract editing software is launched with 35 of the most popular contracts, including bunker contracts, at launch. Further contracts will be added subject to customer demand.
Published: 19 January, 2018
Scrubber retrofit as well as LNG-powered vessel technology to be displayed at Singapore exhibition.
Event welcomed over 1,100 attendees from 42 countries; delegates visited virtual booths about 4,800 times; while around 5,800 connections were made, according to data from organiser Informa.
The X-MET8000 Optimum XRF analyser is dedicated to the field-portable analysis of bunker fuel.
‘I think we can safely say that the marine battery revolution started with Viking Lady,’ says DNV GL.
The eight PSVs ordered from the Guangdong-based shipbuilding facility are worth a total of $161.1 million.
BunkerTrace tracks marine fuel using synthetic DNA markers at specific points of the supply chain and records each transaction in a blockchain-based solution.
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.
