GENCON is a standard voyage charter party. It is a general purpose agreement for the services of a ship in exchange for freight and can be used in a variety of trades. It is accompanied by its own bill of lading, CONGENBILL 2016. The latest edition of this contract is GENCON 1994.
For Bulk Grain, we use the SYNACOMEX contract.
GENCON consists of two main parts.
"PART I" is the box form that includes the main information of the voyage, which each time is agreed between the parties and completed accordingly. This information mainly includes the full style and contact details of the parties (owner/charterer/broker), the vessel's details (name and main description), the loading and discharge ports, the freight rate, the total laytime available to Charterers, the demurrage rate as well as the vessel's expected readiness and cancelling date. The boxes in Part I have their reference to Part II where they are further explained.
"PART II" includes the detailed terms and conditions which apply in each voyage fixed with the GENCON cherter party and they are standard unless something different agreed in main terms, during fixing negotiations. This second part describes in detail the Owner's responsibilities in regards with vessel's condition, the detailed terms about the payment of freight, the laytime and demurrage as well as Owner's and Charterer's responsibilities on the loading & discharging costs. Further conditions which are described in Part II of Gencon are related with the signing of bills of lading, vessel's deviation, general average, strikes and port's unsafety due to ice or warlike events.
Copyright in GENCON 1994 is held by BIMCO.
For all enquiries about cargo shipments, please use the Chartering Enquiry form.
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