The Federation of National Associations of Shipbrokers and Agents, (FONASBA), has given an enthusiastic endorsement to the newly released SALEFORM 2012 developed jointly by the Norwegian Shipbrokers Association (NSA) and BIMCO. SALEFORM is the shipping industry’s most widely used agreement for the sale and purchase of second hand ships. SALEFORM 2012 builds upon SALEFORM 93 retaining the accepted general principles and familiar structure.
Congratulating NSA, a Full Member of FONASBA, and BIMCO, a Club Member, on their actions to update the most successful sale and purchase agreement on the market, the President of FONASBA Christakis P. Papavassiliou from Cyprus said:
“At FONASBA we are pleased and proud to support publication of the revised NSF 2012, a document whose development reaffirms the position of NSA and BIMCO at the forefront of our profession. The enthusiasm and professionalism shown by these two FONASBA members in taking the updating project forward reflects this Federation's commitment to the maritime industry in terms of professional integrity and quality of
service. FONASBA fully endorses the revised SALEFORM 2012 and has already called upon its members in 49 countries around the globe to support it”.
Echoing the President’s comments, Marygrace Collins of the USA, Chair of the FONASBA Chartering & Documentary Committee and the Federation’s President Designate added:
“We are confident that the initiative taken by the NSA together with BIMCO will ensure that the NSF remains the premier document of choice for S&P transactions worldwide”.
Congratulating NSA, a Full Member of FONASBA, and BIMCO, a Club Member, on their actions to update the most successful sale and purchase agreement on the market, the President of FONASBA Christakis P. Papavassiliou from Cyprus said:
“At FONASBA we are pleased and proud to support publication of the revised NSF 2012, a document whose development reaffirms the position of NSA and BIMCO at the forefront of our profession. The enthusiasm and professionalism shown by these two FONASBA members in taking the updating project forward reflects this Federation's commitment to the maritime industry in terms of professional integrity and quality of
service. FONASBA fully endorses the revised SALEFORM 2012 and has already called upon its members in 49 countries around the globe to support it”.
Echoing the President’s comments, Marygrace Collins of the USA, Chair of the FONASBA Chartering & Documentary Committee and the Federation’s President Designate added:
“We are confident that the initiative taken by the NSA together with BIMCO will ensure that the NSF remains the premier document of choice for S&P transactions worldwide”.