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STANDARD TERMS

1. Shipment under deck.

2. Shipment as partcargo in/out of geographical rotation.

3. Shipment as part cargo on last in/first out basis.

4. Lashing/Securing/Dunnaning to be supplied at Charterer’s time, risk and experience.

5. Any specially lifting material and/or equipment, if required, to be supplied by and for account of Charterers/Merchants.

6. Cargo fully stackable __.

7. Cargo is stackable up to max ____ tiers.

8. Neither shifting, nor transhipment is allowed throughout the whole voyage.

9. Cargo is not overstowable with intertier dunnaging.

10. Transit time to be ____ days agw.

11. Maximum 10 years old vessel required.

12. Merchants guarantee weights and measurements of cargo as described in the cargo description. If the actual weight or volume is greater than the one given - extra “pro-rata” freight to apply.

13. Shippers are responsible for proper stowage of the cargo in holds, but cargo to be stowed under Master’s supervision and to his satisfaction. Stevedores to be considered as Charterer’s servants, but to perform the loading under Master’s control and supervision.

14. Overtime to be for the party ordering same, but overtime work of officers and crew to be for Owner’s/Carrier’s account.

15. BIMCO NAABSA Charter Party Wording.

16. Vessel to be sufficiently geared to lift the entire cargo.

17. Freight to be payable within ____ upon signing Bill(s) of Lading into Owner’s/Carrier’s nominated bank account, and in any case before breaking bulk, and deemed earned pro-rata as cargo is being loaded on board discountless and not returnable, ship and/or cargo lost or not lost.

18. Cargo to be harmless and lawful, compliant with EU/US/UN sanctions.

19. If part of cargo is inflammable, explosive or dangerous nature or condition or at any stage may develop into such nature or condition it must be packed and stored or stowed in accordance with IMO Dangerous Goods Code and / or other applicable regulations always to the full satisfaction of the Master.

20. Cargo to be delivered in a seaporthy condition, properly packed for sea transportation.

21. In case Master/Owners will not be satisfied with the seaworthiness of the packing (and/or craddles) all time lost on repairs/renewal to be for Charterer’s account.

22. Cargo to be fitted with suitable lifting lugs or other adequate means of lifting, and center of gravity to be clearly indicated.

23. If cargo is not flat at the bottom, the foot-print drawing to be supplied by the Shipper/Charterer’s.

24. Lashing/securing/dunnaging to be for Charterer’s account.

25. Merchant to bring the cargo alongside the vessel, under reach of ship’s tackle, in sequence as required by Carrier, free of expenses to Carrier.

26. Merchant to receive cargo alongside the vessel, under reach of ship’s tackle, free of risk and expense to Carrier.

27. Owners/Master to be responsible for number of coils/bundles/pieces loaded and signed for.

28. Free use of vessel’s cranes or any lashing/securing/dunnaging available on board.

29. Bills of Lading to be claused Freight prepaid.

30. If Bill(s) of Lading are classed “Freight prepaid”, they will not be released unless freight is received in full into Carrier’s nominated Bank account.

31. All necessary permits and/or licenses pertaining to Loading shall be provided and paid for by the Charterers/Merchants, any delay in obtaining which shall be for Charterer’s/Merchant’s time and expense.

32. In case Original Bill(s) of Lading are not available at Discharge port, cargo to be released without presentation of Bills of Lading but against LOI in Owner’s wording signed/stamped by Charterers.

33. Owners/Carriers confirm their vessel is suitable to perform the voyage, and have satisfied themselves with all restrictions as both ends.

34. The Owners warrant that vessel is seaworthy, and fully conventionally covered and P & I covered in a major P & I Club and shall remain so covered for the whole period of the present Charter Party validity.

35. Owners/Carriers confirm that the vessel has not suffered any General Average in the past ____ years.

36. Owners/Carriers warrant that the vessel is ISPS fitted.

37. Owners/Carriers warrant that the vessel is ISM fitted.

38. Owners/Carriers warrant that the vessel is ITF fitted.

39. Owners/Carriers warrant that the vessel is fitted for grab loading and grab discharge.

40. Owners/Carriers confirm that the vessel is not bound for scrap, nor sold or change ownership after this voyage.

41. Owners/Carriers warrant that the vessel is fully Classed by highest Lloyds or equivalent Classification Society.

42. The vessel’s holds to be perfectly clean, dry and free from smell, and in every respect suitable to load the relevant cargo. Additional cleaning to be at Owner’s time and expense.

43. Vessel shall not change ownership name and/or class without Charterer’s/Merchant’s written consent throughout the continuation of the voyage.

44. Master and/or Owners shall give 7/5/3/2/1 notice of Vessels expected arrival at Load port.

45. Master and/or Owners shall give 7/5/3/2/1 notice of Vessels expected arrival at Discharge port.

46. N.O.R. to be rendered via e-mail WIBON but in any case within ___.

47. Time to count from 12:00 hrs if N.O.R. is validly tendered prior to 12:00 hrs, and as from 08:00 and the next working day if the N.O.R. is validly tendered after 12:00.

48. Time used before laycan to count.

49. Time waiting for berthing due to weather not to count as detention.

50. Owners/Carriers to grant 12 hrs free of Detention.

51. Demurrage/Detention at load port to be paid along with freight ____ days upon presentation of invoice with S.O.F. signed/stamed by the Agent and Master.

52. Final settlement of balances for Demurrage/Detention to be made within ____ days upon presentation of invoice with S.O.F. from Carrier.

53. Time taken for steaming from anchorage to berth to count as laytime.

54. First and last opening/closing of hatches to count as laytime.

55. Cost of opening/closing of vessel’s hatches to be for Charterer’s account.

56. Shoreside tally to be for Charterer’s/Merchant’s account. Shipside tally to be for Owner’s/Carrier’s account.

57. Survey and/or tally to be for party ordering same.

58. The Stevedores, although appointed by Charterers and Shippers at load port, to be under the direction and control of the Charterers.

59. Charterers, Shippers or Receivers shall be responsible for the act or defaults of the Stevedores and the Loading and Discharging port(s).

60. Any damage whatsoever caused by the Stevedores to be settled between the Owner and the Stevedores, but Charterer to be assist at all times.

61. Deck cargo, if any, at Merchant’s risk, and Bill(s) of Lading to be classed accordingly.

62. Any taxes/dues/fees on cargo or calculated on same, including local dock/wharf dues to be for Charterer’s account.

63. Any taxes/dues on Vessel/Flag/Crew to be for Carrier’s/Owner’s account.

64. Loading/discharging to be as fast as vessel can. Any time waiting for berthing, to count as detention.

65. Loading to be performed by shore cranes, at Charterer’s account ____ Charterer’s account.

66. Charterer’s agents at port of Loading.

67. Charterer’s agents at port of Discharge.

68. Arbitration in London English Law to apply.

69. War risk premium on the cargo (if any) to be for Charterer’s account, same on vessel to be for Owner’s/Carrier’s account.

70. Vessel to be ISPS fitted and Merchant’s to comply with ISPS regulations.

71. Any dispute up to and including $25 000 to be handled in accordance with “small claims” procedure.

72. BIMCO Virtual Arrival Clause for Voyage Charter Parties.

73. BIMCO War Risks Clause for Voyage Charter Parties (VOYWAR 2013).

74. BIMCO Waiting for Berth Clause (WAITBERTH 2002).

75. BIMCO Strike Clause.

76. BIMCO St. Lawrence Seaway Clause.

77. BIMCO Securing Materials Removal Clauses for Voyage Charter Parties.

78. BIMCO Scrap Metal Clause.

79. BIMCO Piracy Clause for Single Voyage Charter Parties 2013.

80. BIMCO Piracy Clause for Consecutive Voyage Charter Parties and COAs 2013.

81. BIMCO Paramount Clause General.

82. BIMCO New Jason Clause.

83. BIMCO ISPS/MTSA Clause for Voyage Charter Parties 2005.

84. BIMCO Ice Clause for Voyage Charter Parties.

85. BIMCO HME Cargo Residues Disposal Clause for Voyage Charter Parties.

86. BIMCO General Average Clause.

87. BIMCO Electronic Bill(s) of Lading Clause.

88. BIMCO Carriage of Nuclear Materials Clause.

89. BIMCO Cancelling Clause 2002 (CANCELCON 2002).

90. BIMCO Cargo Fumigation Clause for Charter Parties.

91. BIMCO Bunker Price Adjustment Clause. This Contract is concluded on the basis of a bunker price of USD ____ per metric ton for ____ oil* of ____ grade. If the bunker price per metric ton at ____ ** on the first day of loading is higher than USD ____ or lower than USD ____, any amount in excess of such increase or decrease shall be payable to Owners or Charterers as the case may be. The agreed bunker consumption for each voyage is as follows: ____.

92. BIMCO Both-to-Blame Collision Clause.

93. BIMCO Bulk Carrier Safety Clause.

94. BIMCO Stoppages of Canals and Waterways Clause.

95. BIMCO Trimming and Grab Clauses for Bulk Cargo Trimming.

96. BIMCO Ship-to-Ship Transfer Clause for Dry Bulk Voyage Charter Parties.

97. BIMCO Solid Bulk Cargoes that Can Liqefy Clause for Charter Parties.

98. BIMCO Slow Steaming Clause for Voyage Charter Parties.

99. BIMCO Loading and Discharging with Grabs.

100. BIMCO Liberty and Deviation Clause for Contracts of Carriage.

101. BIMCO Infectious Contagious Clause for Voyage Charter Parties.

102. BIMCO/IPTA Vegoil Tank Pre-wash Clause.

103. BIMCO Anti-Corruption Clause for Charter Parties.

104. BIMCO Bulk Shipping Quality Clause for Voyage Charter Parties.

105. O.F.A.C. Clause to apply to this contract.

106. Freight less commissions payable ____% within ____ banking days after signing/releasing bill(s) of lading. Balance upon completion of discharge and finalisation of laytime statements.

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