Operation & Maintenance Agreements
Ship management agreements covering technical, crew and commercial management on SHIPMAN-standard and bespoke terms.
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Overview
Understanding Operation & Maintenance Agreements
Owners frequently outsource vessel operation to professional managers under ship management agreements (commonly BIMCO’s SHIPMAN). These cover technical management, crewing, maintenance, commercial management, budgets, performance standards and liability / indemnity allocation. We draft and negotiate management and O&M agreements for owners and managers.
What We Cover
Key Highlights
Technical, crew and commercial management scope
SHIPMAN and bespoke management agreements
Budgets, fees and performance standards
Maintenance, dry-docking and class compliance
Liability, indemnity and insurance allocation
Our Process
How We Help You
A straightforward, transparent path from first call to resolution.
1
1Scoping
Define the management scope and KPIs.
2
2Drafting
Prepare the management / O&M agreement and budgets.
3
3Mobilisation
Handover, crewing and ongoing reporting.
FAQs
Common Questions
Everything you need to know before you begin
BIMCO’s standard ship management agreement, widely used to engage third-party managers for technical, crew and commercial management.
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