Year: 2024 Language: English Author: NorthStandard Genre: Practical guide Edition: September 2024 Format: PDF Quality: eBook Pages count: 11 Description: It is common for the parties to agree on terms in time charters which allow a charterer to place a vessel off-hire for a specific period of time as a result of a failed hold inspection on delivery or prior to loading the first cargo. Such clauses constitute an exception to a charterer’s general obligation to pay hire continuously and will often stipulate certain conditions that must be met before the vessel is rendered off-hire. This briefing provides guidance for owners and charterers on such clauses, addressing both (1) the mechanics of determining an off-hire period; and (2) the standards of cleanliness required to pass inspection, if a potential off-hire period as a result of an inspection failure is to be avoided.
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Off-Hire: Hold Inspections
Language: English
Author: NorthStandard
Genre: Practical guide
Edition: September 2024
Format: PDF
Quality: eBook
Pages count: 11
Description: It is common for the parties to agree on terms in time charters which allow a charterer to place a vessel off-hire for a specific period of time as a result of a failed hold inspection on delivery or prior to loading the first cargo. Such clauses constitute an exception to a charterer’s general obligation to pay hire continuously and will often stipulate certain conditions that must be met before the vessel is rendered off-hire.
This briefing provides guidance for owners and charterers on such clauses, addressing both (1) the mechanics of determining an off-hire period; and (2) the standards of cleanliness required to pass inspection, if a potential off-hire period as a result of an inspection failure is to be avoided.
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Off-hire Hold Inspections.pdf
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