Damaged Towing Gear – Who Pays?

Tow wires onboard tugs are expensive. Generally, they cannot be insured for their full value. If they break during an ocean towage operation, who should be responsible for repairing or replacing the wires that are provided to the hirers free of charge as part of the contract? And what about the transportation costs of new wires and possible delays?

If the breakage of the tow wire is due to wear and tear, a hirer might end up paying for several previous hirers’ wear and tear that have accumulated over time. However, breakage may also be due to some external accident occurring during towage. Should this risk be allocated differently in these two different situations? Should tugowners have to provide evidence of the towing gear’s condition at the beginning of the contract?

These and several other issues were discussed when the drafting team revising TOWCON and TOWHIRE 2008 met for the second time in BIMCO house Copenhagen to continue its work.

Tanker ship
Representation Image

Under the chairmanship of Dirk Kwantes of LKL Oceantrade, Charo Coll of Boluda Towage and ISU, Maurice Schreurs of Boskalis, Nick Jeffery of Ostensjo Rederi, Adrian Goodger of Clarksons, Ivar Brynildsen of Gard and John Croucher of The Standard Club are carefully reviewing BIMCO’s widely used towage agreements to bring them up to date. The revision of the towage agreements is being done in parallel with the revision of BARGEHIRE 2008 as the documents are often used together. The revised TOWCON and TOWHIRE are expected to be ready for publication by the end of this year.

Reference: bimco.org

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The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

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Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.

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