As part of a traditional part of the freight time charter, the right to suspend the non-payment of rent provides landlords with a powerful commercial tool for using late rents. However, on the basis of feedback from the sector, the application of the same sanction under BARGEHIRE is not feasible. BARECON users can expect BIMCO`s standard cash charter party to be thinner and more concentrated if a new edition is published this year. BIMCO has published a new edition of BARECON, the industry`s standard contract for cash chartering. This eBook contains an exemplary copy of the 2001 BARECON contract and accompanying explanatory notes in the most recent version. . The last edition of this contract is BARGEHIRE 2008.