In the realm of commercial shipping, the Gencon Charter form stands as a cornerstone document, serving as a comprehensive agreement between vessel owners and charterers for the transportation of goods across the seas. Initially introduced in 1922 and subsequently revised in 1976 and 1994 to reflect the evolving needs of the maritime industry, this document, recommended by the Shipbrokers and the Baltic and International Maritime Council (BIMCO), outlines the duties, responsibilities, and expectations of all parties involved. It encompasses a wide array of clauses, covering crucial aspects such as the loading and discharging ports or places, cargo details, freight rates, laytime calculations for loading and discharging, and demurrage rates, amongst others. More specifically, the form addresses owners' and charterers' obligations, cargo handling, freight payment methods, and procedures in case of disputes, including stipulations for law and arbitration. Furthermore, it implements provisions for less common but significant occurrences such as general average adjustments, strikes, war risks, and ice clauses, ensuring comprehensive risk management. The mutual agreement to adhere to the conditions outlined in both Part I and Part II of the charter, with the acknowledgment that in cases of conflict, the provisions of Part I prevail, underscores the form's role in facilitating clear, legally binding agreements tailored to the specifics of maritime cargo transport.
Question | Answer |
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Form Name | Gencon Charter Form |
Form Length | 4 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 1 min |
Other names | gencon 94 word format, gencon 1994, gencon charter party 1994 pdf, gencon 1994 word format |
1. Shipbroker |
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RECOMMENDED |
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THE BALTIC AND INTERNATIONAL MARITIME COUNCIL |
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UNIFORM GENERAL CHARTER (AS REVISED 1922, 1976 and 1994) |
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(To be used for trades for which no specially approved form is in force) |
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CODE NAME: "GENCON" |
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Part I |
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2. Place and date |
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3. Owners/Place of business (Cl. 1) |
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4. Charterers/Place of business (Cl. 1) |
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5. Vessel's name (Cl. 1) |
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6. GT/NT (Cl. 1) |
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7. DWT all told on summer load line in metric tons (abt.) (Cl. 1) |
8. Present position (Cl. 1) |
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9. Expected ready to load (abt.) (Cl. 1) |
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10. |
Loading port or place (Cl. 1) |
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11. Discharging port or place (Cl. 1) |
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12. |
Cargo (also state quantity and |
margin in Owners' option, if agreed; if full and complete cargo not agreed state "part cargo") (Cl. 1) |
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13. |
Freight rate (also state whether |
freight prepaid or payable on delivery) (Cl. 4) |
14. Freight payment (state currency and method of payment; also beneficiary and |
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bank account) (Cl. 4) |
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15. |
State if vessel's cargo handling gear shall not be used (Cl. 5) |
16. Laytime (if separate laytime for load. and disch. is agreed, fill in a) and b). If |
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total laytime for load. and disch., fill in c) only) (Cl. 6) |
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17. |
Shippers/Place of business (Cl. 6) |
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a) Laytime for loading |
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18. |
Agents (loading) (Cl. 6) |
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b) Laytime for discharging |
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19. |
Agents (discharging) (Cl. 6) |
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c) Total laytime for loading and discharging |
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20. |
Demurrage rate and manner payable (loading and discharging) (Cl. 7) |
21. Cancelling date (Cl. 9) |
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22. General Average to be adjusted at (Cl. 12) |
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23. |
Freight Tax (state if for the Owners' account) (Cl. 13 (c)) |
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24. Brokerage commission and to whom payable (Cl. 15) |
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25. |
Law and Arbitration (state 19 (a), 19 (b) or 19 (c) of Cl. 19; if 19 (c) agreed |
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also state Place of Arbitration) (if not filled |
in 19 (a) shall apply) (Cl. 19) |
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(a) State maximum amount for small claims/shortened |
arbitration (Cl. 19) |
26. Additional clauses covering special provisions, if agreed |
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It is mutually agreed that this Contract shall be performed subject to the conditions contained in this Charter Party which shall include Part I as well as Part II. In the event of a conflict of conditions, the provisions of Part I shall prevail over those of Part II to the extent of such conflict.
Signature (Owners)
Signature (Charterers)
PART II
"Gencon" Charter (As Revised 1922, 1976 and 1994)
1. It is agreed between the party mentioned in Box 3 as the Owners of the Vessel |
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always work under the supervision of the Master. |
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named in Box 5, of the GT/NT indicated in Box 6 and carrying about the number |
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(c) Stevedore Damage |
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of metric tons of deadweight capacity all told on summer loadline stated in Box |
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The Charterers shall be responsible for damage (beyond ordinary wear and |
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7, now in position as stated in Box 8 and expected ready to load under this |
4 |
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tear) to any part of the Vessel caused by Stevedores. Such damage shall be |
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Charter Party about the date indicated in Box 9, and the party mentioned as the |
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notified as soon as reasonably possible by the Master to the Charterers or their |
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Charterers in Box 4 that: |
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agents and to their Stevedores, failing which the Charterers shall not be held |
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The said Vessel shall, as soon as her prior commitments have been completed, |
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responsible. The Master shall endeavour to obtain the Stevedores' written |
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proceed to the loading port(s) or place(s) stated in Box 10 or so near thereto as |
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acknowledgement of liability. |
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she may safely get and lie always afloat, and there load a full and complete |
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The Charterers are obliged to repair any stevedore damage prior to completion |
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cargo (if shipment of deck cargo agreed same to be at the Charterers' risk and |
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of the voyage, but must repair stevedore damage affecting the Vessel's |
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responsibility) as stated in Box 12, which the Charterers bind themselves to |
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seaworthiness or class before the Vessel sails from the port where such |
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ship, and being so loaded the Vessel shall proceed to the discharging port(s) or |
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damage was caused or found. All additional expenses incurred shall be for the |
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place(s) stated in Box 11 as ordered on signing Bills of Lading, or so near |
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account of the Charterers and any time lost shall be for the account of and shall |
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thereto as she may safely get and lie always afloat, and there deliver the cargo. |
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be paid to the Owners by the Charterers at the demurrage rate. |
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2. |
Owners' Responsibility Clause |
15 |
6. |
Laytime |
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The Owners are to be responsible for loss of or damage to the goods or for |
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(a) Separate laytime for loading and discharging |
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delay in delivery of the goods only in case the loss, damage or delay has been |
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The cargo shall be loaded within the number of running days/hours as |
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caused by personal want of due diligence on the part of the Owners or their |
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indicated in Box 16, weather permitting, Sundays and holidays excepted, |
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Manager to make the Vessel in all respects seaworthy and to secure that she is |
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unless used, in which event time used shall count. |
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properly manned, equipped and supplied, or by the personal act or default of |
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The cargo shall be discharged within the number of running days/hours as |
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the Owners or their Manager. |
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indicated in Box 16, weather permitting, Sundays and holidays excepted, |
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And the Owners are not responsible for loss, damage or delay arising from any |
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unless used, in which event time used shall count. |
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other cause whatsoever, even from the neglect or default of the Master or crew |
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(b) Total laytime for loading and discharging |
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or some other person employed by the Owners on board or ashore for whose |
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The cargo shall be loaded and discharged within the number of total running |
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acts they would, but for this Clause, be responsible, or from unseaworthiness of |
25 |
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days/hours as indicated in Box 16, weather permitting, Sundays and holidays |
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the Vessel on loading or commencement of the voyage or at any time |
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excepted, unless used, in which event time used shall count. |
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whatsoever. |
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(c) Commencement of laytime (loading and discharging) |
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Laytime for loading and discharging shall commence at 13.00 hours, if notice of 102 |
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3. |
Deviation Clause |
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readiness is given up to and including 12.00 hours, and at 06.00 hours next 103 |
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The Vessel has liberty to call at any port or ports in any order, for any purpose, |
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working day if notice given during office hours after 12.00 hours. Notice of 104 |
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to sail without pilots, to tow and/or assist Vessels in all situations, and also to |
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readiness at loading port to be given to the Shippers named in Box 17 or if not 105 |
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deviate for the purpose of saving life and/or property. |
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named, to the Charterers or their agents named in Box 18. Notice of readiness 106 |
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at the discharging port to be given to the Receivers or, if not known, to the 107 |
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4. |
Payment of Freight |
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Charterers or their agents named in Box 19. |
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(a) The freight at the rate stated in Box 13 shall be paid in cash calculated on the |
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If the loading/discharging berth is not available on the Vessel's arrival at or off 109 |
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intaken quantity of cargo. |
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the port of loading/discharging, the Vessel shall be entitled to give notice of 110 |
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(b) Prepaid. If according to Box 13 freight is to be paid on shipment, it shall be |
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readiness within ordinary office hours on arrival there, whether in free pratique 111 |
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deemed earned and |
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or not, whether customs cleared or not. Laytime or time on demurrage shall 112 |
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Neither the Owners nor their agents shall be required to sign or endorse bills of |
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then count as if she were in berth and in all respects ready for loading/ 113 |
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lading showing freight prepaid unless the freight due to the Owners has |
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discharging provided that the Master warrants that she is in fact ready in all 114 |
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actually been paid. |
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respects. Time used in moving from the place of waiting to the loading/ 115 |
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(c) On delivery. If according to Box 13 freight, or part thereof, is payable at |
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discharging berth shall not count as laytime. |
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destination it shall not be deemed earned until the cargo is thus delivered. |
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If, after inspection, the Vessel is found not to be ready in all respects to load/ 117 |
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Notwithstanding the provisions under (a), if freight or part thereof is payable on |
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discharge time lost after the discovery thereof until the Vessel is again ready to 118 |
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delivery of the cargo the Charterers shall have the option of paying the freight |
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load/discharge shall not count as laytime. |
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on delivered weight/quantity provided such option is declared before breaking |
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Time used before commencement of laytime shall count. |
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bulk and the weight/quantity can be ascertained by official weighing machine, |
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Indicate alternative (a) or (b) as agreed, in Box 16. |
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joint draft survey or tally. |
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Cash for Vessel's ordinary disbursements at the port of loading to be advanced |
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7. |
Demurrage |
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by the Charterers, if required, at highest current rate of exchange, subject to |
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Demurrage at the loading and discharging port is payable by the Charterers at 123 |
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two (2) per cent to cover insurance and other expenses. |
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the rate stated in Box 20 in the manner stated in Box 20 per day or pro rata for 124 |
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any part of a day. Demurrage shall fall due day by day and shall be payable 125 |
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5. |
Loading/Discharging |
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upon receipt of the Owners' invoice. |
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(a) Costs/Risks |
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In the event the demurrage is not paid in accordance with the above, the 127 |
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The cargo shall be brought into the holds, loaded, stowed and/or trimmed, |
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Owners shall give the Charterers 96 running hours written notice to rectify the 128 |
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tallied, lashed and/or secured and taken from the holds and discharged by the |
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failure. If the demurrage is not paid at the expiration of this time limit and if the 129 |
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Charterers, free of any risk, liability and expense whatsoever to the Owners. |
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vessel is in or at the loading port, the Owners are entitled at any time to 130 |
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The Charterers shall provide and lay all dunnage material as required for the |
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terminate the Charter Party and claim damages for any losses caused thereby. 131 |
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proper stowage and protection of the cargo on board, the Owners allowing the |
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use of all dunnage available on board. The Charterers shall be responsible for |
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8. |
Lien Clause |
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and pay the cost of removing their dunnage after discharge of the cargo under |
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The Owners shall have a lien on the cargo and on all |
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this Charter Party and time to count until dunnage has been removed. |
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respect of the cargo, for freight, deadfreight, demurrage, claims for damages 134 |
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(b) Cargo Handling Gear |
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and for all other amounts due under this Charter Party including costs of 135 |
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Unless the Vessel is gearless or unless it has been agreed between the parties |
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recovering same. |
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that the Vessel's gear shall not be used and stated as such in Box 15, the |
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Owners shall throughout the duration of loading/discharging give free use of |
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9. |
Cancelling Clause |
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the Vessel's cargo handling gear and of sufficient motive power to operate all |
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(a) Should the Vessel not be ready to load (whether in berth or not) on the 138 |
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such cargo handling gear. All such equipment to be in good working order. |
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cancelling date indicated in Box 21, the Charterers shall have the option of 139 |
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Unless caused by negligence of the stevedores, time lost by breakdown of the |
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cancelling this Charter Party. |
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Vessel's cargo handling gear or motive power - pro rata the total number of |
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(b) Should the Owners anticipate that, despite the exercise of due diligence, 141 |
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cranes/winches required at that time for the loading/discharging of cargo |
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the Vessel will not be ready to load by the cancelling date, they shall notify the 142 |
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under this Charter Party - shall not count as laytime or time on demurrage. |
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Charterers thereof without delay stating the expected date of the Vessel's 143 |
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On request the Owners shall provide free of charge cranemen/winchmen from |
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readiness to load and asking whether the Charterers will exercise their option 144 |
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the crew to operate the Vessel's cargo handling gear, unless local regulations |
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of cancelling the Charter Party, or agree to a new cancelling date. |
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prohibit this, in which latter event shore labourers shall be for the account of the |
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Such option must be declared by the Charterers within 48 running hours after 146 |
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Charterers. Cranemen/winchmen shall be under the Charterers' risk and |
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the receipt of the Owners' notice. If the Charterers do not exercise their option 147 |
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responsibility and as stevedores to be deemed as their servants but shall |
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of cancelling, then this Charter Party shall be deemed to be amended such that 148 |
PART II
"Gencon" Charter (As Revised 1922, 1976 and 1994)
the seventh day after the new readiness date stated in the Owners' notification 149
to the Charterers shall be the new cancelling date. |
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The provisions of
cancelling the Charter Party as per |
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10. Bills of Lading |
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Bills of Lading shall be presented and signed by the Master as per the 155 "Congenbill" Bill of Lading form, Edition 1994, without prejudice to this Charter 156 Party, or by the Owners' agents provided written authority has been given by 157 Owners to the agents, a copy of which is to be furnished to the Charterers. The 158 Charterers shall indemnify the Owners against all consequences or liabilities 159 that may arise from the signing of bills of lading as presented to the extent that 160 the terms or contents of such bills of lading impose or result in the imposition of 161 more onerous liabilities upon the Owners than those assumed by the Owners 162
under this Charter Party. |
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11. |
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If the Vessel comes into collision with another vessel as a result of the 165 negligence of the other vessel and any act, neglect or default of the Master, 166 Mariner, Pilot or the servants of the Owners in the navigation or in the 167 management of the Vessel, the owners of the cargo carried hereunder will 168 indemnify the Owners against all loss or liability to the other or
colliding vessels or objects are at fault in respect of a collision or contact. |
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12. General Average and New Jason Clause |
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General Average shall be adjusted in London unless otherwise agreed in Box 179 22 according to
servants (see Clause 2). |
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If General Average is to be adjusted in accordance with the law and practice of 184 the United States of America, the following Clause shall apply: "In the event of 185 accident, danger, damage or disaster before or after the commencement of the 186 voyage, resulting from any cause whatsoever, whether due to negligence or 187 not, for which, or for the consequence of which, the Owners are not 188 responsible, by statute, contract or otherwise, the cargo shippers, consignees 189 or the owners of the cargo shall contribute with the Owners in General Average 190 to the payment of any sacrifices, losses or expenses of a General Average 191 nature that may be made or incurred and shall pay salvage and special charges 192 incurred in respect of the cargo. If a salving vessel is owned or operated by the 193 Owners, salvage shall be paid for as fully as if the said salving vessel or vessels 194 belonged to strangers. Such deposit as the Owners, or their agents, may deem 195 sufficient to cover the estimated contribution of the goods and any salvage and 196 special charges thereon shall, if required, be made by the cargo, shippers, 197
consignees or owners of the goods to the Owners before delivery.". |
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13. Taxes and Dues Clause |
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(a) On Vessel
levied on the Vessel, howsoever the amount thereof may be assessed. |
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(b)On cargo
assessed. |
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(c) On freight
shall be for the Charterers' account. |
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14. Agency |
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In every case the Owners shall appoint their own Agent both at the port of 208
loading and the port of discharge. |
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15. Brokerage |
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A brokerage commission at the rate stated in Box 24 on the freight,
and demurrage earned is due to the party mentioned in Box 24. |
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In case of
voyages the amount of indemnity to be agreed. |
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16. General Strike Clause |
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(a) If there is a strike or
at any time during the voyage to the port or ports of loading or after her arrival 220 there, the Master or the Owners may ask the Charterers to declare, that they 221 agree to reckon the laydays as if there were no strike or
other cargo on the way for their own account. |
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(b)If there is a strike or
proportion. |
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(c)Except for the obligations described above, neither the Charterers nor the 244 Owners shall be responsible for the consequences of any strikes or
preventing or affecting the actual loading or discharging of the cargo. |
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17. War Risks ("Voywar 1993") |
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(1) For the purpose of this Clause, the words: |
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(a)The "Owners" shall include the shipowners, bareboat charterers, 249 disponent owners, managers or other operators who are charged with the 250
management of the Vessel, and the Master; and |
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(b)"War Risks" shall include any war (whether actual or threatened), act of 252 war, civil war, hostilities, revolution, rebellion, civil commotion, warlike 253 operations, the laying of mines (whether actual or reported), acts of piracy, 254 acts of terrorists, acts of hostility or malicious damage, blockades 255 (whether imposed against all Vessels or imposed selectively against 256 Vessels of certain flags or ownership, or against certain cargoes or crews 257 or otherwise howsoever), by any person, body, terrorist or political group, 258 or the Government of any state whatsoever, which, in the reasonable 259 judgement of the Master and/or the Owners, may be dangerous or are 260 likely to be or to become dangerous to the Vessel, her cargo, crew or other 261
persons on board the Vessel. |
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(2)If at any time before the Vessel commences loading, it appears that, in the 263 reasonable judgement of the Master and/or the Owners, performance of 264 the Contract of Carriage, or any part of it, may expose, or is likely to expose, 265 the Vessel, her cargo, crew or other persons on board the Vessel to War 266 Risks, the Owners may give notice to the Charterers cancelling this 267 Contract of Carriage, or may refuse to perform such part of it as may 268 expose, or may be likely to expose, the Vessel, her cargo, crew or other 269 persons on board the Vessel to War Risks; provided always that if this 270 Contract of Carriage provides that loading or discharging is to take place 271 within a range of ports, and at the port or ports nominated by the Charterers 272 the Vessel, her cargo, crew, or other persons onboard the Vessel may be 273 exposed, or may be likely to be exposed, to War Risks, the Owners shall 274 first require the Charterers to nominate any other safe port which lies 275
within the range for loading or discharging, and may only cancel this 276 Contract of Carriage if the Charterers shall not have nominated such safe 277
port or ports within 48 hours of receipt of notice of such requirement. |
278 |
(3)The Owners shall not be required to continue to load cargo for any voyage, 279 or to sign Bills of Lading for any port or place, or to proceed or continue on 280 any voyage, or on any part thereof, or to proceed through any canal or 281 waterway, or to proceed to or remain at any port or place whatsoever, 282 where it appears, either after the loading of the cargo commences, or at 283 any stage of the voyage thereafter before the discharge of the cargo is 284 completed, that, in the reasonable judgement of the Master and/or the 285 Owners, the Vessel, her cargo (or any part thereof), crew or other persons 286 on board the Vessel (or any one or more of them) may be, or are likely to be, 287 exposed to War Risks. If it should so appear, the Owners may by notice 288 request the Charterers to nominate a safe port for the discharge of the 289 cargo or any part thereof, and if within 48 hours of the receipt of such 290 notice, the Charterers shall not have nominated such a port, the Owners 291 may discharge the cargo at any safe port of their choice (including the port 292 of loading) in complete fulfilment of the Contract of Carriage. The Owners 293 shall be entitled to recover from the Charterers the extra expenses of such 294 discharge and, if the discharge takes place at any port other than the 295 loading port, to receive the full freight as though the cargo had been 296
PART II
"Gencon" Charter (As Revised 1922, 1976 and 1994)
carried to the discharging port and if the extra distance exceeds 100 miles, 297 to additional freight which shall be the same percentage of the freight 298 contracted for as the percentage which the extra distance represents to 299 the distance of the normal and customary route, the Owners having a lien 300
on the cargo for such expenses and freight. |
301 |
(4)If at any stage of the voyage after the loading of the cargo commences, it 302 appears that, in the reasonable judgement of the Master and/or the 303 Owners, the Vessel, her cargo, crew or other persons on board the Vessel 304 may be, or are likely to be, exposed to War Risks on any part of the route 305 (including any canal or waterway) which is normally and customarily used 306 in a voyage of the nature contracted for, and there is another longer route 307 to the discharging port, the Owners shall give notice to the Charterers that 308 this route will be taken. In this event the Owners shall be entitled, if the total 309 extra distance exceeds 100 miles, to additional freight which shall be the 310
same percentage of the freight contracted for as the percentage which the 311 extra distance represents to the distance of the normal and customary 312
route. |
313 |
(5) The Vessel shall have liberty:- |
314 |
(a)to comply with all orders, directions, recommendations or advice as to 315 departure, arrival, routes, sailing in convoy, ports of call, stoppages, 316 destinations, discharge of cargo, delivery or in any way whatsoever which 317 are given by the Government of the Nation under whose flag the Vessel 318 sails, or other Government to whose laws the Owners are subject, or any 319 other Government which so requires, or any body or group acting with the 320
power to compel compliance with their orders or directions; |
321 |
(b)to comply with the orders, directions or recommendations of any war 322 risks underwriters who have the authority to give the same under the terms 323
of the war risks insurance; |
324 |
(c)to comply with the terms of any resolution of the Security Council of the 325 United Nations, any directives of the European Community, the effective 326 orders of any other Supranational body which has the right to issue and 327 give the same, and with national laws aimed at enforcing the same to which 328 the Owners are subject, and to obey the orders and directions of those who 329
are charged with their enforcement; |
330 |
(d) to discharge at any other port any cargo or part thereof which may 331
render the Vessel liable to confiscation as a contraband carrier; |
332 |
(e)to call at any other port to change the crew or any part thereof or other 333 persons on board the Vessel when there is reason to believe that they may 334
be subject to internment, imprisonment or other sanctions; |
335 |
(f)where cargo has not been loaded or has been discharged by the 336 Owners under any provisions of this Clause, to load other cargo for the 337 Owners' own benefit and carry it to any other port or ports whatsoever, 338 whether backwards or forwards or in a contrary direction to the ordinary or 339
customary route. |
340 |
(6) If in compliance with any of the provisions of
Carriage. |
344 |
18. General Ice Clause |
345 |
Port of loading |
346 |
(a)In the event of the loading port being inaccessible by reason of ice when the 347 Vessel is ready to proceed from her last port or at any time during the voyage or 348 on the Vessel's arrival or in case frost sets in after the Vessel's arrival, the 349 Master for fear of being frozen in is at liberty to leave without cargo, and this 350
Charter Party shall be null and void. |
351 |
(b)If during loading the Master, for fear of the Vessel being frozen in, deems it 352 advisable to leave, he has liberty to do so with what cargo he has on board and 353 to proceed to any other port or ports with option of completing cargo for the 354 Owners' benefit for any port or ports including port of discharge. Any part 355 cargo thus loaded under this Charter Party to be forwarded to destination at the 356 Vessel's expense but against payment of freight, provided that no extra 357 expenses be thereby caused to the Charterers, freight being paid on quantity 358 delivered (in proportion if lumpsum), all other conditions as per this Charter 359
Party. |
360 |
(c)In case of more than one loading port, and if one or more of the ports are 361 closed by ice, the Master or the Owners to be at liberty either to load the part 362 cargo at the open port and fill up elsewhere for their own account as under 363 section (b) or to declare the Charter Party null and void unless the Charterers 364
agree to load full cargo at the open port. |
365 |
Port of discharge |
366 |
(a)Should ice prevent the Vessel from reaching port of discharge the 367 Charterers shall have the option of keeping the Vessel waiting until the re- 368 opening of navigation and paying demurrage or of ordering the Vessel to a safe 369 and immediately accessible port where she can safely discharge without risk of 370 detention by ice. Such orders to be given within 48 hours after the Master or the 371 Owners have given notice to the Charterers of the impossibility of reaching port 372
of destination. |
373 |
(b)If during discharging the Master for fear of the Vessel being frozen in deems 374 it advisable to leave, he has liberty to do so with what cargo he has on board and 375
to proceed to the nearest accessible port where she can safely discharge. |
376 |
(c)On delivery of the cargo at such port, all conditions of the Bill of Lading shall 377 apply and the Vessel shall receive the same freight as if she had discharged at 378 the original port of destination, except that if the distance of the substituted port 379 exceeds 100 nautical miles, the freight on the cargo delivered at the substituted 380
port to be increased in proportion. |
381 |
19. Law and Arbitration |
382 |
*(a) This Charter Party shall be governed by and construed in accordance with 383 English law and any dispute arising out of this Charter Party shall be referred to 384 arbitration in London in accordance with the Arbitration Acts 1950 and 1979 or 385 any statutory modification or
fourteen days, failing which the decision of the single arbitrator appointed shall 392
be final. |
393 |
For disputes where the total amount claimed by either party does not exceed 394 the amount stated in Box 25** the arbitration shall be conducted in accordance 395 with the Small Claims Procedure of the London Maritime Arbitrators 396
Association. |
397 |
*(b) This Charter Party shall be governed by and construed in accordance with 398 Title 9 of the United States Code and the Maritime Law of the United States and 399 should any dispute arise out of this Charter Party, the matter in dispute shall be 400 referred to three persons at New York, one to be appointed by each of the 401 parties hereto, and the third by the two so chosen; their decision or that of any 402 two of them shall be final, and for purpose of enforcing any award, this 403
agreement may be made a rule of the Court. The proceedings shall be 404 conducted in accordance with the rules of the Society of Maritime Arbitrators, 405
Inc.. |
406 |
For disputes where the total amount claimed by either party does not exceed 407 the amount stated in Box 25** the arbitration shall be conducted in accordance 408 with the Shortened Arbitration Procedure of the Society of Maritime Arbitrators, 409
Inc.. |
410 |
*(c) Any dispute arising out of this Charter Party shall be referred to arbitration at 411 the place indicated in Box 25, subject to the procedures applicable there. The 412
laws of the place indicated in Box 25 shall govern this Charter Party. |
413 |
(d) If Box 25 in Part 1 is not filled in,
* (a), (b) and (c) are alternatives; indicate alternative agreed in Box 25. |
415 |
**Where no figure is supplied in Box 25 in Part 1, this provision only shall be void but 416
the other provisions of this Clause shall have full force and remain in effect. |
417 |