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The document is a ShellLNGTime 1 Time Charter Party, issued in November 2005 and revised in November 2006. It outlines the terms and conditions for the chartering of a Liquefied Natural Gas (LNG) carrier, detailing the responsibilities of both Owners and Charterers regarding vessel safety, management, operational standards, maintenance, fuel consumption, and compliance with international regulations. Key provisions include requirements for vessel condition, crew qualifications, reporting obligations, performance criteria for speed and fuel efficiency, as well as clauses addressing off-hire situations and environmental management. The document also includes appendices with specific vessel particulars and safety reporting templates.
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(PDF) LNG Chartering and Charter-Party Analysis

This paper displays a sample of Charter negotiations between a Ship Owner and Ship Broker. A voyage Charter for Crude oil is negotiated between the two parties.

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