Bimco Management Agreement

When managers provide crew management services, they are required to provide suitably qualified crews that meet the requirements of STCW 95. This includes, but is not limited to, the selection, involvement and provision for crew management and training. This Addendum No. 1 (this «Addendum») to the Ship Management Agreement of 29 January 2015 between Knutsen Shuttle Tankers 19 AS, a Norwegian limited liability company (the «Owners»), and KNOT Management AS, a Norwegian limited liability company (the «Manager» and this Agreement as amended, the «Agreement») will be concluded between the owners and the officers from 1 November 2016 Until recently The Contracts for Management Services ships were very different in shape….