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Explanatory notes

Clause 1 - Definitions Clause 2 – Specifications/Grades/Quality Clause 3 – Quantities/Measurements Clause 4 – Sampling Clause 5 – Delivery Clause 6 – Documentation Clause 7 – Price Clause 8 – Payment Clause 9 – Claims ... Please follow the link to continue reading.

Explanatory notes

Special observations Clause l - Definitions Clause 2 - Period of Charter Party Clause 3 - Delivery Clause 4 - Mobilisation and/or Demobilisation Clause 5 - Substitution Clause 6 - Time for Delivery Clause 7 - Cancelling Clause 8 - Trading Limits Clause 9 -... 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.

Explanatory notes

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.

Explanatory notes

With reference to the announcement on pages 2916-2922 of BIMCO Bulletin V/1974 of the new editions of the “Baltime 1939” and the “Linertime” Charters, i.e., with the “box layout”, there is reason once more to underline that the “Linertime” Deep Sea Time Charter is intended especially for fixtures fo... Please follow the link to continue reading.

Explanatory notes

Background  Part I Part II Section 1 – Basis of the Agreement Clause 1 (Definitions) Clause 2 (Commencement and Appointment) Clause 3 (Authority of the Supervisors) Section 2 – Scope of Services Clause 4 (Specification Review) ... Please follow the link to continue reading.

Explanatory notes

Part I Part II Clause 1 - Definitions Clause 2 - Appointment of  Managers Clause 3 - Basis of Agreement Sub-clause 3.1 - Crew Management Sub-clause 3.2 - Technical Management Sub-clause 3. 3 - Commercial Management Sub-clauses 3.4 - 3.8 Clause 4 - Ma... 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

The following explanatory notes are given for the guidance of users to help them complete the relevant boxes in Part I of the form and to better understand the thinking behind the provisions of Part II of FERTICON 2007. Part I Boxes 1 to 8 Box 10 Boxes 14 and 15 Box 16 Box 22 ... Please follow the link to continue reading.