charterparty


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Related to charterparty: Charter Party

charterparty

a contract in writing under which a person, the charterer, hires or leases a vessel from a shipowner where the intended use is carriage of goods by sea and the consideration is known as freight.
References in periodicals archive ?
The Defendants were not a party to the Charterparty, as their counter-signature was only to authenticate the Charterers' signature on the Charterparty.
See Howard Bennett's "Safe Port Clauses" (10) or Yvonne Baatz's "Clauses Paramount in Time Charters" (11) or Andrew Taylor's "Damages for Breach of Time Charter: Some Recent Developments", where the author concludes that awarding damages in each time charterparty case is very subjective, being "based on what the court considers to be fair" in the circumstances.
From contract negotiation and arbitration, to corporate litigation, charterparty disputes and loss and damage claims, Ince Law Alliance continues to help shipowners, operators and charterers to navigate a complex and ever-changing market landscape.
Consideration of the standard charterparties available, some of the common considerations in selecting an appropriate charterparty and suitable clauses and legal principles and problems caused by time and voyage charter parties
In addition to the vessel mortgage, lenders may also take security over the cash flows generated by the mortgaged vessel by way of assignment of earnings or charterparty contracts.
His practice comprises advising on all arenas of charterparty disputes, defending bill of lading claims, regulatory summonses, as well as claims arising from collision and salvage.
Head of department Stephen Mackin, who has an 'excellent blend of expert legal knowledge and practical experience', is leading advice to cargo insurers in a charterparty claim for partial loss of a cargo of gas oil from a laden tanker, concerning the interpretation of an in-transit loss clause.
A claim for demurrage arises in the context of a voyage charterparty when a charterer exceeds the permitted time period for loading and/or discharging its cargo (commonly known as 'laytime').
His experience includes complex charterparty, bills of lading, MOA, FFA, shipbuilding, ship finance, international sale of goods and maritime cross-border insolvency litigation and arbitration.
Jon Boaden is recognised for his shipping and trade litigation expertise while Jonathan Green specialises in charterparty, bill of lading and sale contract disputes.
The tanker would be contracted under a long-term charterparty arrangement.
The bill of lading did not state that the vessel was under charter and did not mention the name of the charterer or the owner, also the charterparty was not attached to the bill of lading.