Velavoy2005p1 Unprotected
Velavoy2005p1 Unprotected
Velavoy2005p1 Unprotected
VELAVOY2005
PREAMBLE
IT IS THIS DAY AGREED between __________________________________________, Owner/Chartered Owner
(hereinafter called "Owner") of the __________________________ Flag MS/SS ____________________
(hereinafter called "Vessel"), and _______________________________
(hereinafter called "Charterer")
that the transportation herein provided for shall be performed subject to the terms and conditions of this Charter, which
includes this Preamble and Part I and Part II. In the event of a conflict, the provisions of Part I shall prevail over those
contained in Part II to the extent of such conflict.
PART I
(A)
(B)
(C)
LOADING RANGE(S)/PORT(S)/PLACE(S):
(D)
DISCHARGING RANGE(S)/PORT(S)/PLACE(S):
(E)
CARGO QUANTITY:
Full Cargo as defined in Part II, Clause 1 subject to the Maximum Cargo Capacity limits specified in Part (A):
__________ Yes
__________ No
or
Part Cargo Minimum ___________________ metric tons with Charterer's option to load up to Full Cargo as described
in this Paragraph (E); provided Part Cargo Minimum or cargo sufficient to fill the cubic capacity of Vessel's available
cargo spaces is supplied by Charterer, no deadfreight shall be payable by Charterer under Part II, Clause 7, whether
option is exercised or not.
(F)
CARGO DESCRIPTION:
(G)
FREIGHT RATE:
Freight rate for Full Cargo or Part Cargo Minimum
(hereinafter called "Base Freight Rate"): ________________________________________________
Freight rate for quantity above Part Cargo Minimum
(hereinafter called "Overage Freight Rate"):______________________________________________
Percentage points per knot increase in Freight Rate for speed increases:
__________________________________ as described in Part II, Clause 37.
(H)
(I)
BILLING:
Freight, deadfreight, demurrage and any other monies payable to Owner pursuant to
this Charter shall be payable in United States Dollars and invoiced to Charterer
at:______________________________________________________________________________
and paid to Owner at:________________________________________________________________
(J)
LAYTIME:
(K)
(L)
LAW:
The construction, validity and performance of this Charter shall be governed by English
Law. Arbitration shall take place and General Average shall be adjusted and settled in London.
(M)
INCORPORATED CLAUSE(S):
The following specified Clause(s), the text(s) of which are attached hereto shall be
deemed incorporated in and made a part of this Part I.
IN WITNESS WHEREOF, the parties have caused this Charter, consisting of a Preamble, Parts I and II, to be executed in
duplicate.
__________________________________________________________________________________________________
Owner
__________________________________________________________________________________________________
Charterer