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Genco Reproductus

A5. Maritime Law, private and commercial

Definition

Reference to standard voyage charter form.

Genco Reproductus refers to the BIMCO Gencon voyage charter form, the most widely used standard general-cargo voyage charterparty. The current edition is Gencon 1994, which revised the 1976 form and remains the market standard for tramp dry-cargo fixtures. It sets the freight basis, laytime and demurrage, the owner’s responsibility clause (a narrowed liability regime, not full Hague-Visby unless a clause paramount is added), the lien clause, and the war-risk and ice clauses. Gencon issues with the Congenbill bill of lading, which incorporates the charter terms and a Hague or Hague-Visby clause paramount. BIMCO published a further revision, Gencon 2022, updating the form.

Source: BIMCO Gencon 1994; Gencon 2022