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Charterparty

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1101:. A voyage or time charter is used only for larger yachts and is uncommon. Yacht charter flotillas are mostly made up of boats belonging to individuals or companies who only use their boats on a part-time basis or as an investment. A recent innovation in recreational boating is "time-share chartering" whereby several charterers are assigned a certain number of days per month or season in a manner which resembles real-estate time-share. 721: 823: 680: 38: 953:
in the case of employment of a (charter boat). It means that the charter party will clearly and unambiguously set out the rights and responsibilities of the ship owner and the charterers and any subsequent dispute between them will be settled in the court of law or any agreed forum with reference to
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clause stipulates that the charterer shall accept and pay for all fuel oil in the vessel's bunkers at port of delivery and conversely, (owners) shall pay for all fuel oil in the vessel's bunkers at port of re-delivery at current price at the respective ports. It is customary to agree upon a certain
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In both USA and the UK, the COGSA legislation provide a statement of the minimum duties that a carrier owes to the cargo-owner. If the charterer has shipped cargo, charterparty document may incorporate the COGSA or the Harter Act, since the charter is also a cargo-owner. Such an incorporation is
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A negligence clause tends to exclude shipowner's or carrier's liability for loss or damage resulting from an act, default or neglect of the master, mariner, pilot or the servants of the carrier in the navigation of manoeuvring of a ship, not resulting, however, from want of due diligence by the
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In a voyage charter, the route is pre-arranged and the charterer has little scope to interfere with the programme. By contrast, the time charter is almost a halfway-house between a demise charter and a voyage charter, in that the charterer decides on the voyages and the ports, and instructs the
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A demise charter operates as a long lease of the vessel, with the charterer completely in charge. In time and voyage charters, the shipowner still runs the ship, but when in port the charterer becomes responsible for loading and unloading the ship within the agreed period of
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valid and enforceable even without the issuance of a bill of lading. In the reverse case, if a carrier issues a third-party shipper with a bill of lading that incorporates charterparty terms, the shipper/cargo-owner would not be liable for fees such as
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Under this clause, the owner of the ship writes clearly that the ship would be seaworthy at the start of the voyage in every respect, in other words, the ship would be appropriate to travel to the country for which it is taken.
1007:, the vessel is hired for a specific amount of time. The shipowner manages the vessel but the charterer gives orders for the employment of the vessel, and may sub-charter the vessel on a time charter or voyage charter basis. 585: 1180:
will begin to count as soon as the vessel has arrived at the port of loading or discharge "whether in berth or not". It protects shipowner's interests against delays which arise from ships having to wait for a
1321: 998:, the charterer takes responsibility for the crewing and maintenance of the ship during the time of the charter. S/he assumes the legal responsibilities of the owner, and is known as a disponent owner. 1057:, a receipt for cargo shipped which also serves as evidence of the contract of carriage. (In a demise charter, the charterer is the carrier; in a time or voyage charter the shipowner is the carrier). 1291: 1075:
When a bill of lading is issued to a charterer by the shipowner, the question arises as to which is the dominant document. If a shipper returns a bill of lading to a carrier (perhaps as a
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Whereas a charterparty is the contract between a shipowner and a charterer, a contract of carriage lies between the shipper and the carrier. A carrier will issue a shipper with a
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Lawsuits brought for the breach of an obligation under a charterparty fall within admiralty jurisdiction. If a breach of charter terms creates a maritime lien, the suit may be
1041:: whereas the shipowner in a voyage charter takes responsibility for the ship, in a time charter the shipowner may need to be indemnified against losses or liabilities 596: 604: 1147:
or a charterparty when a vessel is bound for a port or ports which may be closed to shipping by ice when the vessel arrives or after the vessel's arrival.
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A lighterage clause is inserted into charter-parties which show as port of discharge any safe port in a certain range, e.g. Havre/Hamburg range.
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and a "charterer" for the hire of either a ship for the carriage of passengers or cargo, or a yacht for leisure.
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the agreed terms and conditions as embodied in the charter party. The name "charterparty" is an
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test case, ship operators need to take care to ensure that bunker supply terms are suitable.
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minimum and maximum quantity in bunkers on re-delivery of the vessel. Since the
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owners of the ship or any of them or by the ship's husband or manager.
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In pleasure boating, the most frequent charter arrangement is bareboat
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shipowner's crew to comply. This can lead to issues of
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Maritime contract between a shipowner and a "charterer"
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A ready berth clause is inserted in a charterparty,
19:"Charter party" redirects here. For other uses, see 745:. Unsourced material may be challenged and removed. 1048: 1565: 1029:. If the charterer exceeds the allowed laytime, 1215:"CHARTER-PARTY Definition & Legal Meaning" 1387: 655: 979:There are three main types of charterparty: 849:introducing citations to additional sources 708:Learn how and when to remove these messages 1394: 1380: 1109:A charterparty may contain these clauses. 662: 648: 918:Learn how and when to remove this message 805:Learn how and when to remove this message 1241: 968: 839:Relevant discussion may be found on the 1289:Maritimeknowhow website: voyage charter 1087:, which are payable only by a charter. 636:London Maritime Arbitrators Association 1566: 591:International Convention on Load Lines 1375: 1279:, and not a true etymological source. 1235: 1167: 1068:(which ratifies and incorporates the 1158: 1150: 816: 743:adding citations to reliable sources 714: 673: 1401: 938:) is a maritime contract between a 626:International Maritime Organization 581:Ballast Water Management Convention 547:International Convention on Salvage 428:The captain goes down with the ship 13: 1310:, a penalty for exceeding laytime. 1104: 1094:(i.e. against the vessel itself). 14: 1605: 1367: 1335:Carriage of Goods by Sea Act 1992 1176:a stipulation to the effect that 1066:Carriage of Goods by Sea Act 1971 689:This article has multiple issues. 1112: 832:relies largely or entirely on a 821: 719: 678: 36: 1223:(2nd ed.). 4 November 2011 1143:An ice clause is inserted in a 1049:Legal aspects of charterparties 730:needs additional citations for 697:or discuss these issues on the 76:Ordinamenta et consuetudo maris 1351: 1339: 1328: 1313: 1300: 1282: 1261: 1207: 1129: 21:Charter Party (disambiguation) 1: 1200: 1138: 631:Comité Maritime International 597:International Regulations for 553:United Nations Convention on 1062:Carriage of Goods by Sea Act 599:Preventing Collisions at Sea 7: 1188: 618:International organizations 10: 1610: 972: 542:Maritime Labour Convention 18: 1530: 1497: 1479: 1445: 1409: 1306:"Demurrage" is a form of 519:International conventions 564:International piracy law 555:the Law of the Sea  1254:Encyclopædia Britannica 586:Anti-fouling Convention 1522:Freightos Baltic Index 1294:July 14, 2011, at the 1220:Black's Law Dictionary 1248:"Charter-party"  996:(or bareboat) charter 975:Chartering (shipping) 969:Types of charterparty 1064:(COGSA), and the UK 947:contract of carriage 845:improve this article 739:improve this article 511:Vice admiralty court 257:Contract of carriage 60:Corpus Juris Civilis 1499:Freight derivatives 945:Charter party is a 1308:liquidated damages 1168:Ready berth clause 1045:by the charterer. 1043:proximately caused 985:demise and another 120:Maritime transport 1561: 1560: 1322:Suisse Atlantique 1159:Negligence clause 1151:Lighterage clause 1070:Hague-Visby Rules 1033:becomes payable. 928: 927: 920: 910: 909: 895: 815: 814: 807: 789: 712: 672: 671: 610:Athens Convention 576:MARPOL Convention 527:Hague-Visby Rules 416:Freight forwarder 361:Proof of delivery 216:Maritime security 53:Code of Hammurabi 1601: 1517:Baltic Dry Index 1427:Bareboat charter 1396: 1389: 1382: 1373: 1372: 1361: 1355: 1349: 1343: 1337: 1332: 1326: 1317: 1311: 1304: 1298: 1286: 1280: 1265: 1259: 1258: 1250: 1239: 1233: 1232: 1230: 1228: 1211: 923: 916: 905: 902: 896: 894: 853: 825: 817: 810: 803: 799: 796: 790: 788: 747: 723: 715: 704: 682: 681: 674: 664: 657: 650: 571:SOLAS Convention 558: 423:Captain (Master) 221:Letter of marque 178:Marine insurance 87:Hanseatic League 40: 26: 25: 1609: 1608: 1604: 1603: 1602: 1600: 1599: 1598: 1589:Ship management 1579:Water transport 1574:Ship chartering 1564: 1563: 1562: 1557: 1526: 1507:Baltic Exchange 1493: 1475: 1441: 1410:Agreement types 1405: 1403:Ship chartering 1400: 1370: 1365: 1364: 1356: 1352: 1344: 1340: 1333: 1329: 1318: 1314: 1305: 1301: 1296:Wayback Machine 1287: 1283: 1266: 1262: 1240: 1236: 1226: 1224: 1213: 1212: 1208: 1203: 1191: 1170: 1161: 1153: 1141: 1132: 1115: 1107: 1105:Typical clauses 1051: 977: 971: 924: 913: 912: 911: 906: 900: 897: 854: 852: 838: 826: 811: 800: 794: 791: 748: 746: 736: 724: 683: 679: 668: 601: 598: 560: 556: 554: 537:Rotterdam Rules 506:Admiralty court 446:Freight company 437: 199:General average 180: 151:Merchant marine 57: 24: 17: 12: 11: 5: 1607: 1597: 1596: 1591: 1586: 1581: 1576: 1559: 1558: 1556: 1555: 1550: 1545: 1543:Bill of lading 1540: 1534: 1532: 1531:Related topics 1528: 1527: 1525: 1524: 1519: 1514: 1509: 1503: 1501: 1495: 1494: 1492: 1491: 1485: 1483: 1477: 1476: 1474: 1473: 1468: 1463: 1458: 1452: 1450: 1443: 1442: 1440: 1439: 1434: 1432:Demise charter 1429: 1424: 1419: 1417:Voyage charter 1413: 1411: 1407: 1406: 1399: 1398: 1391: 1384: 1376: 1369: 1368:External links 1366: 1363: 1362: 1358:The Henryk Sif 1350: 1338: 1327: 1312: 1299: 1281: 1277:back-formation 1273:charta partita 1260: 1245:, ed. (1911). 1243:Chisholm, Hugh 1234: 1205: 1204: 1202: 1199: 1198: 1197: 1190: 1187: 1169: 1166: 1160: 1157: 1152: 1149: 1145:bill of lading 1140: 1137: 1131: 1128: 1114: 1111: 1106: 1103: 1055:bill of lading 1050: 1047: 1022: 1021: 1013:voyage charter 1008: 999: 973:Main article: 970: 967: 926: 925: 908: 907: 860:"Charterparty" 843:. 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Index

Charter Party (disambiguation)
Admiralty law

Code of Hammurabi
Corpus Juris Civilis
Digesta
Ordinamenta et consuetudo maris
Amalfian Laws
Hanseatic League
Fishing
Illegal
Fisheries law
Maritime transport
Shipping
Ferry
Cargo
Freight
Shipbuilding
Merchant marine
Cargo ship
Passenger ship
Mortgage
Registration
Marine insurance
Act of God
Cargo
Collision
General average
Seaworthiness
Total loss

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