Uptake increases on BIMCO towing contract updates
3rd November 2021
Regular columnist Simon Tatham reviews the rising use of 2021 updates to BIMCO’s TOWCON and TOWHIRE standard contracts. It is now nine months since BIMCO published its updated towing contracts, the third edition since they were first introduced in the 1980s. This pair have since become the industry standard for deepwater towage, and with the…