FONASBA AND BIMCO LAUNCH NEW AGENCY AGREEMENT

FONASBA and BIMCO have today (Tuesday 5th December) launched the latest in its suite of agency documents, the General Agency Agreement (GAA). Complimenting the Agency Appointment Agreement (AAA) launched earlier this year, the GAA is designed to cover the appointment of an agent for a longer period, or over a wider range of ports, than the AAA.

The GAA is in the same box-format as the AAA and shares common terms, layout and other features designed to ensure the two documents are consistent and interchangeable.

Further information on the new form, including sample copies and a set of explanatory notes, can be found here.