Italy, Vado Ligure - Harbour
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The following explanatory notes are designed to provide some background information on the clauses of the various parts of the contract and a general overview of the amendments made in this revision. PART I PART II Clause 1 (Outright Sale) Clause 2 (Purchase Price) Clause 3 (Deposit... Please follow the link to continue reading.
Clause 3 - Payment Clause 4 - Inspections Clause 5 - Notices, time and place of delivery Clause 6 - a) Drydocking b) Divers inspection c) Drydocking provisions Clause 7 - Spares/bunkers etc. Clause 8 - Documentation Clause 11 - Condition on delivery Clause... Please follow the link to continue reading.
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Background Charterers’ failure to pay for bunkers supplied to a vessel on time charter is likely to have severe implications for owners who, although not party to the arrangements, may nevertheless find their vessel arrested, perhaps weeks or months later, for the outstanding debt. Owners are then f... Please follow the link to continue reading.
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