14 July 2015
The Association’s Documentary Committee has reviewed its agency clause. The clause has been tightened up regarding the requirement for the agent to have ISO or equivalent certification. The clause now reads:
INTERTANKO Agency Clause
"Where charterers under this charterparty have the right to nominate the vessel's agents at any port and they wish to exercise such right, they shall do so at the same time as the nomination of such port and they shall exercise due diligence to nominate agents who are reliable, competent, reasonable in price and have ISO 9001 or substantially equivalent certification. If charterers fail to nominate the agents at the time that the port is nominated then owners may reject any subsequent nomination of agents by charterers. The appointment of such agents is subject always to owners' right to appoint protective agents in any port if they so wish."