Chartering terms query

Name: Ranjit Ajgaonkar

Email: ranjit.ajgaonkar@gmail.com

Ask your question here..:

GOOD DAY ! We all know about common load/disrate terms such as 8000 mt pd shex eiu or uu etc..

But what does it exactly means when the C/P states per day load/disrate CD (Customory Despatch) or COP (Custom of Port) ??

Having agreed to such vague terms can Charterers/Cargo Interests take the Ship Owner for a ride ?? Or the Ship Owners / Master still remain well sheilded ??

Plsd to hear in detail. Ranjit

End of this article.. Subscribe here so you don't miss any new articles..
   
And while you are here, share your views about this article below..
You may also like :

Spread the word. Share this post!

Comments Bubble Ok, your turn to talk now.. What are your views on this article..??

Your email address will not be published. Required fields are marked *

1 comment on “Chartering terms query”

  1. By V. Spiro Reply

    Mr. Ranjit

    The effect of custom in charter parties is likely to be minimal, since for a custom to have any effect, it must be shown to be not inconsistent with any express terms of the charter and of course, most charters provide expressly when laytime is to commence.

    To prove any custom is difficult because it involves establishing that it is not only reasonable and certain, but invariably accepted by ships and merchants using the port concerned.

    The effect of a custom may be either to advance or delay when laytime commences for the vessel concerned.

    In a customary laytime charter, which is a port charter, the specified destination will be reached when, if vessel cannot proceed direct to a berth, anchors within the port limits at the usual anchorage for ships of that sort, so that vessel is at the immediate and effective disposition of the charterer.

    Reaching the specified destination in a customary laytime charter does not mean necessarily that the charterer is under an obligation to load or discharge the vessel forthwith or that any delay will count against him. However the charterer can be held liable for delays occurred if he fails to exercise due diligence.

    I am not aware about the facts of your case. I would recommend to look at the statement of the custom and practice of the port in question.

Share