The general agency contract has been developed for the provision of selected agency services over a specified period of time in a defined territory or territory. It is designed to be used in all trades and can be adapted to the individual needs of the parties. This contract was published in December 2017 and is the latest issue. The copyright of the general agency agreement is the responsibility of FONASBA. The editors are BIMCO and FONASBA. In a difficult market, shipowners often have to say „yes“, even if their legal team shouts „no“ in the background. And this is something that BIMCO unfortunately cannot fix. But I hope this unfair race to the bottom won`t last forever – and can`t. MarEx. . . .