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TERMS AND CONDITIONSDEFINITIONS Parties The two parties who are entering into the agreement are charterer and Charter Company Charterer The individual or entity requesting the charter service. Charter
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How to fill out voyage charter vs time
How to fill out voyage charter vs time
01
Obtain the voyage charter party agreement form from the relevant authorities or shipping company.
02
Read the terms and conditions carefully to understand the obligations and responsibilities of both parties.
03
Fill out the relevant information, including the names and contact details of the shipowner and charterer.
04
Specify the duration of the charter period and the agreed upon freight rate.
05
Include any specific clauses or terms that are important for the charter party agreement.
06
Sign the agreement and ensure that both parties have a copy of the filled out and signed document.
07
Comply with all the terms and conditions mentioned in the voyage charter party agreement during the agreed charter period.
08
Notify the relevant parties in case of any changes or deviations from the agreed terms during the voyage.
09
Upon completion of the charter period, settle any outstanding payments or obligations as per the agreement.
10
Keep a record of the voyage charter party agreement for future reference or potential disputes.
Who needs voyage charter vs time?
01
Shipowners who want to lease out their vessels for a specific period of time.
02
Charterers who require a ship to transport goods or cargo within a certain timeframe.
03
Shipping companies or freight forwarders who offer chartering services to their clients.
04
Importers or exporters who need to secure transportation services for their products.
05
Companies involved in international trade or logistics who want to maintain control over the entire transportation process.
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What is voyage charter vs time?
Voyage charter is a contract for the transportation of goods between two ports for a specific voyage, while time charter is a contract for the use of a vessel for a specified period of time.
Who is required to file voyage charter vs time?
Shippers, carriers, and freight forwarders are required to file voyage charter vs time.
How to fill out voyage charter vs time?
To fill out voyage charter vs time, you need to provide details of the vessel, ports of departure and arrival, cargo information, charterer details, and duration of the charter.
What is the purpose of voyage charter vs time?
The purpose of voyage charter vs time is to establish the terms and conditions for the transportation of goods by sea either for a specific voyage or a specified period of time.
What information must be reported on voyage charter vs time?
Information such as vessel details, ports of loading and discharge, cargo details, charter party agreements, and duration of the charter must be reported on voyage charter vs time.
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