Charter party terms & documentation
INTERTANKO Members sign charter party contracts with charterers under which their tanker is hired to carry the charterers oil, chemical or gas cargo on a specified voyage or for a defined period. To assist Members in obtaining the best terms for these charter party contracts, INTERTANKO’s Documentary Committee develops model charter party clauses. In addition, the Secretariat has developed charter party publications and provides legal advice/guidance on charter party contracts to allow Members to assess their rights and obligations and evaluate the potential risks contained in the standard charter party forms prepared by various charterers.
Latest on Charter party terms & documentation
INTERTANKO launches new Model Clause to drive prompt payment of freight and demurrage
INTERTANKO Members have experienced depressed freight rate levels at, or below, vessel operating costs for some years now. While this... MORE