The following Explanatory Notes are designed to provide some background information on the clauses of the various parts of the contract.
Part I
Box 1 - Place and Date
Box 2 - Owners (Full style and address)
Box 3 - Contractors (Full style and address)
Box 4 - Vessel’s...
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The following notes provide a background to the thinking behind many of the provisions of the charter party and are provided as guiding notes to users:
Format
Clause 1 (Definitions)
Clause 2 (Voyage)
Clause 3 (Deviation and Delays)
Clause 4 (Barge Engineer)
Clause 5 (Loa...
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Special observations
Part I
Part II
Clause 1 - Vessel
Clause 2 - First Layday, Present Position and Expected Load Readiness
Clause 3 - Cancelling
Clause 4 - Subletting, Assigning
Clause 5 - Substitution
Clause 6 - Cargo
Clause 7 - Advance Notices
Clause 8 - Port of ...
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Introduction
The Mission
The Main Criteria
PART I – BOX LAYOUT
Part II – Terms and Conditions
Section 1 - VESSEL
Clause 1 (Builder’s and Buyer’s Obligations)
Clause 2 (Description)
Clause 3 (Classification, Rules and Regulations)
Clause 4 (IMO Hazardo...
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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...
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Part I
Part II
Clause 1 - Period of Charter Party and Delivery
Clause 2 - Owners’ Undertaking
Clause 3 - Trading Limits
Clause 4 - Cargo Restrictions and Exclusions
Clause 5 - Redelivery
Clause 6 - Owners’ Obligations
Clause 7 - Charterers’ Obligations
Clause 8 -...
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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...
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GENCOA B 2022 – Explanatory notes
OVERVIEW
GENCOA B 2022 is a standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004:
GENCOA A - a framework contract that can be used with different voyage charter par...
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The following is a brief set of notes describing some of the thinking and underlying principles behind the standard provisions. The descriptions are given to provide assistance to owners, brokers and others interested in the practical use of this charter party.
Preamble
Clause 1 (Loading Po...
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