BIMCO and ASBA Release Updated ASBATANKVOY Tanker Charter Party Agreement
BIMCO and ASBA have updated ASBATANKVOY, the non-affiliated tanker form, to reflect changes in the industry since 1977. Developed with input from industry leaders, the 2025 edition includes updated provisions and arbitration venues to streamline the chartering process. The revised form aims to enhance legal certainty and reduce the need for additional rider clauses.