Year: 2018 Language: English Author: Intertanko Genre: Practical guide Publisher: Intertanko Edition: 1st edition Format: PDF Quality: Scanned pages Pages count: 20 Description: Over the years, INTERTANKO Members have drawn the Association's attention to what the industry refers to as "Conditions of Use" (COU) documents that many oil and gas terminals require the Master to sign, acknowledge receipt of or accept. In almost all instances the Master is required to sign the COU as a precondition of being permitted to berth and load and/or discharge at the terminal. The Guide also considers how charterers ordering vessels to termina ls which impose onerous COUs may not only share the risk but may also indemnify owners for any uninsured liabilities or losses arising from the COU. The Guide considers both the crude and LNG sectors as there are some notable differences in approach for each sector, in particular on the part of P&I Clubs. The Guide may equally apply to product, bulk and other trades where COUs are used. Overall, the Guide is designed to inform Members about this difficult issue and assist Members in agreeing fair and balanced COU terms in preference to the onerous terms that are commonly accepted to the detriment of owners and their insurers. Additional info: Overall, the Guide is designed to inform Members about this difficult issue and assist Members in agreeing fair and balanced COU terms in preference to the onerous terms that are commonly accepted to the detriment of owners and their insurers.
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Intertanko - Guide to Terminal Conditions of Use 2018.pdf
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Guide to Terminal Conditions of Use 2018
Language: English
Author: Intertanko
Genre: Practical guide
Publisher: Intertanko
Edition: 1st edition
Format: PDF
Quality: Scanned pages
Pages count: 20
Description: Over the years, INTERTANKO Members have drawn the Association's attention to what the industry refers to as "Conditions of Use" (COU) documents that many oil and gas terminals require the Master to sign, acknowledge receipt of or accept. In almost all instances the Master is required to sign the COU as a precondition of being permitted to berth and load and/or discharge at the terminal.
The Guide also considers how charterers ordering vessels to termina ls which impose onerous COUs may not only share the risk but may also indemnify owners for any uninsured liabilities or losses arising from the COU.
The Guide considers both the crude and LNG sectors as there are some notable differences in approach for each sector, in particular on the part of P&I Clubs. The Guide may equally apply to product, bulk and other trades where COUs are used.
Overall, the Guide is designed to inform Members about this difficult issue and assist Members in agreeing fair and balanced COU terms in preference to the onerous terms that are commonly accepted to the detriment of owners and their insurers.
Additional info: Overall, the Guide is designed to inform Members about this difficult issue and assist Members in agreeing fair and balanced COU terms in preference to the onerous terms that are commonly accepted to the detriment of owners and their insurers.
Contents
N/AScreenshots
Intertanko - Guide to Terminal Conditions of Use 2018.pdf
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