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Click ‘Get Form’ to open the shelltime 4 PDF in the editor.
Begin by filling in the 'Owners' and 'Charterers' sections at the top of the form. Enter the names and relevant details as required.
Proceed to Section 1, which describes the vessel. Input the name of the vessel and ensure all specifications are accurate according to Clause 1.
In Section 2, provide details about safety management and shipboard personnel. Fill in information regarding crew qualifications and safety protocols.
Continue through each section, ensuring that you complete all fields related to trading limits, hire rates, and responsibilities as outlined in subsequent clauses.
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Shelltime 4: The general off-hire provision is found in clause 21. Hire shall be suspended if there is a loss of time due to deficiency of personnel () or any other similar cause preventing the full working of the vessel.
What is a voyage charter party?
In charter party. The voyage charter is the most common. Under this method a ship is chartered for a one-way voyage between specific ports with a specified cargo at a negotiated rate of freight.
What is an off-hire clause?
What is off-hire? The payment of hire is an obligation under a charterparty; this obligation is usually to pay hire without deduction or set-off. However, it is normally qualified by an off-hire clause which suspends the obligation to pay hire if the ship is prevented from performing the required services.
What are the four types of chartering?
It describes four main types of charters: voyage charter, time charter, bareboat charter, and consecutive voyage charter.
What is the off-hire clause in Shelltime 4?
The off-hire provisions in Shelltime 3 and Shelltime 4 provide for hire to cease in the event of a loss of time due to a number of specified events, some but not all of which are qualified by a requirement that they prevent the efficient working of the vessel.
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Off-hire is a contractual matter. A vessel will go off-hire only upon the happening of an event that the charterparty specifically classifies as an off-hire event. Ordinarily, an off-hire clause in the charterparty will list the off-hire events (eg. cl 15 in NYPE Page 2 2 1946 form and cl 21 in SHELLTIME 4 form).
What is shelltime 4 form?
It defines a net loss of time clause and explains that for off-hire to apply, there needs to be an actual loss of time preventing the vessel from performing its next required task. It also notes that the Shelltime 4 form lists broader off-hire events than the NYPE form and is more generous to charterers.
What does off hire date mean?
Off Hire Date means the date stated in the Quotation on which the Hire Period will end.
shelltime 4 charter party
The Obligation of Seaworthiness: Shipowner and Charterer
The obligation to provide a seaworthy ship is core in the carriage of goods by sea, including in charterparties, where the contract of carriage is between a
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