Charter Agreements Vessel

Users are advised to carefully examine the vessel and follow all rules. The tenant agrees not to operate the vessel under the influence of alcohol or drugs. If the vessel was damaged by the gross negligence of a skipper, it will be responsible for the damage and consequences of the damage, particularly the loss of a charter in the following weeks. The accommodation agreement on board the ship will come into effect as soon as the accommodation fee on board the ship is fully paid. Everything that is published in our program is a legal obligation for us and for you and is an integral part of the agreement. These terms and conditions are the only basis for resolving the disputes that arise between us. That`s why we ask you to read them carefully. Charter liability insurance is a kind of insurance designed to protect shipping companies from certain risks or obligations. [3] This may include fines and violations of the law, damage to cargo or ship, and personal injury, including and to death. Charter part, a contract by which the owner of a ship leases it to others to transport a cargo.

The shipowner continues to control the navigation and management of the vessel, but its cargo capacity is exercised by the charterer. When a bill of lading is issued to the shipowner by the shipowner, the question arises as to which document is the dominant one. [7] [8] If a shipper returns a bill of lading to a carrier (perhaps as a pawn), the carrier will only hold it as a pledge. TIME AFFRETMENT A charterer pays for the use of a ship for a specified period of time. The charterer also supplies and pays for fuel, port taxes and pilots. The shipowner retains responsibility for navigation and most operations on board the vessel. If, for whatever reason, the charterer cannot begin chartering, he is free to find, with the owner`s consent, a person who assumes his rights and obligations. If the charterer is not replaced, the owner retains: 30% of the charter fee if the charter is cancelled at least two months before the start of the charter period; 50% of the charter fee if the charter is cancelled no later than four weeks before the start of the charter period; 100% of the charter fee if the charter is cancelled less than four weeks before the start of the charter period. Ship diversion equipment from the equipment list or inventory does not give the tenant the right to reduce the price if the vessel is all essential elements of the equipment for safety and navigation.