The Standard Towage Agreement

The Standard Towage Agreement is a formal contract used in the shipping industry that outlines the terms for towing vessels. It specifies the responsibilities of both the tugboat operator and the client, including safety, payment, and service standards. This agreement ensures clarity regarding liabilities, risk management, and operational procedures, protecting both parties’ interests during towing operations. By having a standard agreement, it helps foster trust and provides a structure for resolving disputes that might arise during the towing process.