Expenses Borne by the Shipowner and Charterer for Consecutive Voyages PDF

Expenses Borne by the Shipowner and The Charterer Charter Parties for Consecutive Voyages RICHARD LABAY GYNNIE A. MAGHANOY BEVERLY VALLE  THE SHIPOWNER AND THE CHARTERER Ship owner This is the entity that owns the vessel or carrier ship, p...

Expenses Borne by the Shipowner and The Charterer Charter Parties for Consecutive Voyages RICHARD LABAY GYNNIE A. MAGHANOY BEVERLY VALLE  THE SHIPOWNER AND THE CHARTERER Ship owner This is the entity that owns the vessel or carrier ship, pays for its operation, and bears the risk of loss or damage to cargo in transit. Charter This is the entity that hires a ship to carry its cargo on a specific voyage or series of voyages at a fixed price (charter rate) per unit (tonne) shipped.  EXPENSES BORNE BY THE OWNER CAPITAL COSTS MAINTENANCE WAGES SUPPLIES LOADING DISCHARGING COSTS PORT DUES. BUNKER  charterer Pays the freight but sometimes bears the expenses for the overtime of crew that is related to cargo handling in port. If the term is "free in out" (FIO) which is an INCO term, the charterer bears the expenses related to discharging and loading of cargoes at named  CHARTER PARTIES FOR CONSECUTIVE VOYAGES The normal voyage under a voyage charter party is usually a single voyage. port X port y Shiploads Discharging  CHARTER PARTIES FOR CONSECUTIVE VOYAGES There are charter parties for consecutive voyages. Consecutive voyage charters are a special type of voyage charter wherein the vessel is contracted for several voyages in consecutive order. The charterer and shipowner agree to have two or more voyages within a certain period of time under one document. mv kulapyon port X port y Discharge Load Cargo  CHARTER PARTIES FOR CONSECUTIVE VOYAGES There are also voyage charter parties for consecutive voyages wherein the shipowner and the charterer agree to fix the chartering for a long period of time, say, one year. The shipowner provides the ships, which shall perform the loading, discharging and transport of goods in various ports named by the charterer within the agreed period of one year. mv kulapyon port X port y Discharge Load Cargo  TYPES CHARTER Voyage Time Charter Charter FOR ONE VOYAGE FOR TIME/PERIOD. 1 OR 2 LOAD PORT/ VESSEL AT CHARTERERS DISPOSAL. DISPORTS MONTHLY CHARTER HIRE IN FREIGHT DEMURRAGE DEAD ADVANCE. FREIGHT BUNKER & PORT CHARGES ON BUNKER PORT CHARGES ON CHARTERERS ACCOUNT SHIP OWNERS A/C CARGO RELATED CHARGES ON CARGO RELATE CHARGES ON CHARTERERS CHARTERERS A/C A/C THANK YOU ! !