Get the free Standard Bunker Contract Confirmation Note. Standard Bunker Contract Confirmation Note

The arbitration shall be conducted in accordance with the London Maritime Arbitrators Association LMAA Terms current at the time when the arbitration proceedings are commenced. The reference shall be to three arbitrators. Product s /Specifications Cl. 2 8. Grade s /Quantities Cl. 2 and Cl. 3 9. Price s /Currency Cl. 7 Copyright published by The Baltic and International Maritime Council BIMCO Copenhagen Issued November 2001 10. Unless otherwise agreed in the Confirmation Note the Marine Fuels...

How to fill out standard bunker contract confirmation

How to fill out standard bunker contract confirmation:

1. Obtain a copy of the standard bunker contract confirmation form. This form can usually be obtained from the company or organization with whom you are entering into the bunker contract.
2. Read through the form carefully to familiarize yourself with the information that needs to be filled out. Pay attention to any specific instructions or guidelines provided.
3. Begin by filling out the basic information sections, such as the name and contact details of the party filling out the form, as well as the date of the confirmation.
4. Provide the details of the bunker contract, including the name and contact details of the other party involved, the date of the contract, and any specific terms or conditions that have been agreed upon.
5. Specify the type and quantity of bunker fuel that is being contracted for. This may include information such as the grade or quality of the fuel, the quantity in metric tons or volume, and any additional specifications or requirements.
6. Indicate the delivery and payment terms that have been agreed upon. This may include the delivery port or location, the delivery date or timeframe, and any specific payment terms or conditions.
7. Fill out any additional sections or clauses that are relevant to the bunker contract agreement. This could include provisions for disputes or resolutions, responsibilities for demurrage or other costs, or any other specific contractual requirements.
8. Once you have completed filling out the form, review it carefully to ensure that all the provided information is accurate and complete.
9. Sign and date the standard bunker contract confirmation to indicate your agreement and acceptance of the terms and conditions outlined in the contract.
10. Keep a copy of the signed confirmation for your records and submit the original to the appropriate parties involved in the contract.

Who needs standard bunker contract confirmation:

1. Companies or organizations that engage in bunker fuel trading or supply.
2. Shipowners or operators who purchase bunker fuel for their vessels.
3. Bunker fuel suppliers or distributors who enter into contractual agreements with clients for the sale and delivery of bunker fuel.
4. Any party involved in bunker fuel transactions who wants to establish a legally binding agreement with clear terms and conditions.
5. Standard bunker contract confirmation is generally used within the maritime industry.

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What is standard bunker contract confirmation?

Standard bunker contract confirmation is a document detailing the terms of a contract between a shipowner and a bunker supplier for the delivery of fuel.

Who is required to file standard bunker contract confirmation?

The shipowner is required to file the standard bunker contract confirmation.

How to fill out standard bunker contract confirmation?

Standard bunker contract confirmation is typically filled out electronically or on paper by providing details of the contract terms, parties involved, and the fuel delivery schedule.

What is the purpose of standard bunker contract confirmation?

The purpose of standard bunker contract confirmation is to ensure that both the shipowner and the bunker supplier are in agreement on the terms of the fuel delivery, including quantity, quality, and price.

What information must be reported on standard bunker contract confirmation?

Standard bunker contract confirmation must include details such as the names of the parties involved, the quantity and quality of the fuel, the delivery date and location, and the price per unit.