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Background

International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully ... Please follow the link to continue reading.

Explanatory notes

Preamble Clause 1 - Duration Clause 2 - Delivery Clause 3 - On-Off Hire Survey Clause 4 - Dangerous Cargo/Cargo Exclusions Clause 5 - Trading Limits Clause 6 - Owners to Provide Clause 7 - Charterers to Provide Clause 8 - Performance of Voyages Clause 9 - B... Please follow the link to continue reading.

Explanatory notes

Introduction Clause 2 (Condition of Vessel)  Clause 3 (Charterers’ Inspection)  Clause 5 (Presentation and Conditioning of Cargo Tanks at the Loading Port) Clause 6 (Ownership of Heel)  Clause 7 (Voyage, Loading and Discharging Ports and Logs)  Clause 8 (Ship to Ship Tra... Please follow the link to continue reading.

Explanatory notes

General Observations  Part I Part II Clause 1 - Vessel Clause 2 - Voyage Clause 3 - Cargo Clause 4 - Laydays Date and Present Position Clause 5 - Cancelling Clause 6 - Advance Notices (Loading) Clause 7 - Advance Notices (Discharging) Clause 8 - Notice of Read... Please follow the link to continue reading.

Explanatory notes

Background Preamble Clause 1 - Loading Port(s)/Discharging Port(s) Clause 2 - Freight Payment Clause 3 - Notices & Loading Port Orders Clause 4 - Discharging Port Orders Clause 5 - Laydays/Cancelling Clause 6 - Time Counting Clause 7 - Laytime Clause 8 - Exce... Please follow the link to continue reading.