Dec 25, 2010

SALEFORM 1993 to be Amended



Since 1956 there has been an almost universally accepted contract form for the purchase of second hand vessels, freight or otherwise. The standard sales form, now known as SALEFORM 1993, has gone through several transformations since its introduction and is about to be examined again by the Baltic and International Maritime Council (BIMCO) and the Norwegian Shipbrokers’ Association (NSA) who, following consultation with the industry over the summer, have decided to revise it.
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Source: Handy Shipping Guide

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