Voyage Charter Agreement Sample

Whether it is a voyage in a port or at the dock, it is important from the ship`s point of view that the ship`s master sends the notification of preparation. But do shipowners and charterers do this exercise of negotiating the format of the charter contract every time they do business together? in any event, unless the ship is chartered by a party other than the charterers at the time of transit. NOTE that this does not apply to the 1st port of loading under this charter party. Such shipment shall be carried in accordance with the Charter agreement between “Charterer Name” and “Carrier Name” and all conditions, clauses, conditions, freedoms and exceptions contained therein are included in this Bill of Lading. The charter period for this additional payment is “Demurrage”. In this blog, we will discuss the charter terms and charter party agreement. (a) To the knowledge of the owners, the vessel is acceptable for chartering and/or terminal by the oil companies listed in Annex A (Part 1 with the inscription “BP, ExxonMobil, Shell, Chevron and Total”) and maintains the validity of these permits throughout the charter period. Owners must inspect and have the vessel inspected and accepted by the other oil companies listed in Schedule A (Part 2 with the inscription “Statoil, Conoco and Valero”), and then maintain the validity of these assumptions throughout the charter period. In terms of charter, this is called “game days” or “game days”. The charterer is the party that chartered the vessel (think of the simple word “leased”).

Below is the simplified version of the stopover time summary, which is calculated at the end of the trip. (a) in the event of the ship`s involvement in an accident or incident, BP`s case notification and emergency procedure shall be applied. For this purpose, an accident or incident encompasses any emergency, such as. B death or serious injury, effect, collision, grounding, fire, pollution or any other incident requiring immediate assistance where the course of the journey may be compromised or for which adverse reactions are expected from the authorities, the media, non-governmental organisations (NGOs) or the public. These notifications should be made as soon as possible and safely. There are different ways for a charterer to charter (rent) the ship. The owner of the vessel would only know the information we provide. You would use this information for the calculation of a possible charter due to charterers.

Now that we understand the concept of chartering, let`s understand the different ways to charter ships. where, during a voyage under this Charter, a quantity of cargo remaining on board the ship (ROB) after the completion of unloading is considered liquid and pumpable by an independent expert appointed by the charterers, or where the charterers can prove that the ROB would have been liquid and pumpable if the owners and/or master are: the officers and crew would have followed the charterers` instructions for the management of the cargo, the charterers are then entitled to the value of this ROB, plus the voyage freight, which relates to the cargo remaining on board. And in the third stage, the owner of the ship must order the ship to maintain the speed of the charter. Similarly, the charterer does not worry about fuel consumption in the context of travel chartering. The cost of fuel goes to ship owners. Charterers may, without prejudice to the respective rights and obligations of any of the Parties under this Charter, provided that the Charterers remain liable to the owners for the performance of that Part. . . .

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