What is Charter Party ?
Contract between Shipowners and charterers is called Charter Party.
There are various Standard Charter Parties available for tanker trade.
There are various Standard Charter Parties available for tanker trade.
Ø ASBATANK Voyage Charter Party.
Ø Shell Voyage Charter party.
Ø BP Voyage Charter Party.
Ø EXXON Voyage Charter Party. Etc are examples.
Ø Owners and charterers can agree on specific terms and attach same to a Standard charter party form.
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