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A charterparty (sometimes charter-party) is a maritime contract between a shipowner and a hirer (charterer) for the hire of either a ship for the carriage of passengers or cargo, or a yacht for leisure. Charterparty is a contract of carriage of cargo in the case of employment of a charter boat.
What is the off-hire clause in a charter party?
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 is the difference between the bill of lading and the charter party?
The bill of lading is directly associated with the destination of the goods, specifying the port of discharge. In contrast, a charter party may be specific to a particular voyage, outlining the details of the journey and the ports involved.
What is a voyage charter party?
: a charter party whereby the owner of a ship agrees to transport a full shipload of cargo owned or furnished by another person with the ships crew and master in control of the navigation.
What is shelltime?
Shelltime: A standard time charter party for liquid cargoes and gas.
shell time 4
Shelltime 4 pdf 2021What is Shelltime 4BIMCO shelltime 4Shelltime 5Shelltime 4 off-hire clauseShelltime 3ASBATANKVOY pdfShellvoy 5
The Asbatankvoy Charterparty (formerly Exxonvoy 69) was produced by the Association of Ship Brokers and Agents (U.S A) Inc and it is one of the most widely used charter forms.
What is asbatankvoy?
The ASBATANKVOY form was first published in 1969, with minor updates in 1977. It is the oldest tanker voyage charter form in use day to day. The outstanding longevity of this charter form is testimony to the fact that the market, particularly in Asia, prefers strongly to work with what it knows.
What is the Clause 3 of Shelltime 4?
3. (a) Throughout the charter service Owners shall, whenever the passage of time, wear and tear or any event (whether or not coming with Clause 27 hereof) requires steps to be taken to maintain or restore the conditions stipulated in Clauses 1 and 2(a), exercise due diligence so to maintain or restore the vessel.
shelltime 4 charter party
THE NYPE 2015 TIME CHARTER PARTY
by S Font Manzano 2021 by using their SHELLTIME 4, Exxon by using their EXXONMOBILE TIME 2005 or BP with their. BPTIME 3. Nevertheless, the most commonly form used for Time Charter
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