Standard Liner And General Agency Agreement

The Parties may choose their requirements from a list of functions including traditional port or general agencies and vessel maintenance, as well as distribution and marketing, as well as other niche and ad hoc services. The Standard Liner and General Agency Agreement was published by FONASBA (Federation of National Associations of Ship Brokers and Agents) and approved by BIMCO in 2001. This is a contract between the line agent and his agent and regulates, for example, obligations and payments to the agent. You will find the last long-term agency contract contract published in 2017 under the agreement of the General Agency. Itic is often invited to review draft line agency contracts submitted for signature by its members. Unfortunately, even surprisingly, these are often biased in favor of the line leader…