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Questions and Answers
What is the Deadweight Tonnage (dwt) of the vessel that is chartered-in?
What is the Deadweight Tonnage (dwt) of the vessel that is chartered-in?
30,000
Where is the vessel loading the Jet A-1 cargo?
Where is the vessel loading the Jet A-1 cargo?
A Shell terminal
What is the basis of the sale of Jet A-1 to the 3rd Party?
What is the basis of the sale of Jet A-1 to the 3rd Party?
CIF (Cost, Insurance and Freight)
What charterparty form is used for the vessel charter?
What charterparty form is used for the vessel charter?
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What issue was discovered with the Jet A-1 cargo during loading?
What issue was discovered with the Jet A-1 cargo during loading?
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Study Notes
Vessel and Cargo Details
- The vessel has a deadweight tonnage (dwt) of 30,000.
- The cargo being loaded is Jet A-1.
- The cargo is being loaded at a Shell terminal.
Sale and Contract Terms
- The sale of Jet A-1 is a CIF (Cost, Insurance, and Freight) sale.
- The sale is made to a 3rd Party under the company's General Terms and Conditions.
Charter Details
- The vessel is chartered-in under the Shellvoy 6 charter party.
Cargo Contamination
- Cargo samples taken from the vessel tanks show that the Jet A-1 has a contaminant.
- The contaminant renders the cargo off-spec.
- The cargo contamination issue arose shortly after loading commenced.
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