Delay for Charterers' Purposes Clause

Delay for Charterers' Purposes Clause

Overview

BIMCO Delay for Charterers' Purposes Clause

If the Vessel is prevented from leaving the port after completion of loading/discharging for more than two (2) hours waiting for cargo papers or for any other reason attributable to cargo being loaded or discharged including but not limited to control and/or clearance by customs or other authorities and/or any other charterers’ purposes, the Charterers shall pay the Owners compensation in an amount equivalent to the rate of demurrage stipulated in the charter party for all time after completion of loading/discharging until the termination of such delay.

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