Old MathJax webview

Old MathJax webview

Section A. INSTRUCTIONS: Complete the following sentences by filling in the blank spaces with the correct word (s) in the bracket below. (EXPENSES, DEMISE, APPOINTS, BARRATRY, VOYAGE CHARTER, TRAMP, EXEMPTION, LIABILITY, DISCHARGES, DEVIATION, CHARTERER, VESSEL, SHIPOWNER, DEMURRAGE, DESPATCH MONEY, REPAIR, OWNER) 1. Under a or Bareboat Charter party the is responsible for providing the cargo and crew, whilst the only provides the vessel. As a result the charterer the crew and takes full responsibility for the operation of the and pays all the incurred. 2. If a ship loads and/or in less than the prescribed time, the Owners pay Las a reward for the time saved. 3. If, on the other hand, the prescribed time is exceeded, then must be paid at an agreed rate as compensation for the delay of the ship. 4. Charterer's under a voyage C/P ceases after the cargo has been loaded and when the freight, dead freight or demurrage has been paid. _the shipowner agrees to carry cargo between specified ports at a 5. In a prearranged freight. 6. The majority of cargo shipments are made on a voyage charter basis. 7. The and Salvage Clause permits the vessel to put into a port of refuge in order to save life and property and also for the purpose of 8. from liability clause includes the occurrences where the shipowner claims exemption and includes a willful wrongdoing of the Master without noticing the Owners. (15 Marks) Doc. No.: EXM/F/03 Page No.: 1/2 Issue No.: 1 Last Update: 15/04/15 Revision No.: 1.1 Date: 12/04/06 Author: EC Approved: Provost A voyage charter party contains a number of clauses, whose name are usually written on the margin. Give the TITLE of each clause for each example below: Owners to the Charterer for time saved in the loading and 1. The money paid discharging. 2. The number of days or hours allowed by the Charterer for loading or discharge. 3. A clause governing the nature and time of the liability of the Charterer for loading. 4. The right of the Shipowner to hold the cargo to secure the payment of the freight or hire. 5. Rate payable to the Owner if the agreed time for loading has been exceeded, as a compensation for the delay of the ship. (5 Marks) REGIONAL MARITIME UNIVERSITY END OF SEMESTER EXAMINATION DEPARTMENT: TRANSPORT PROGRAMME: BLM/BLG 23 COURSE: CHARTERING PRACTICE AND LAW. June 2021 Section A. INSTRUCTIONS: Complete the following sentences by filling in the blank spaces with the correct word (s) in the bracket below. (EXPENSES, DEMISE, APPOINTS, BARRATRY, VOYAGE CHARTER, TRAMP, EXEMPTION, LIABILITY, DISCHARGES, DEVIATION, CHARTERER, VESSEL, SHIPOWNER, DEMURRAGE, DESPATCH MONEY, REPAIR, OWNER) 1. Under a Lor Bareboat Charter party the is responsible for providing the cargo and crew, whilst the only provides the vessel. As a result the charterer the crew and takes full responsibility for the operation of the and pays all the incurred. 2. If a ship loads and/or in less than the prescribed time, the Owners pay as a reward for the time saved. 3. If, on the other hand, the prescribed time is exceeded, then must be paid _at an agreed rate as compensation for the delay of the ship. under a voyage C/P ceases after the cargo has been loaded and 4. Charterer's when the freight, dead freight or demurrage has been paid. _the shipowner agrees to carry cargo between specified ports at a 5. In a prearranged freight 6. The majority of cargo shipments are made on a voyage charter basis. 7. The and Salvage Clause permits the vessel to put into a port of refuge in order to save life and property and also for the purpose of 8. from liability clause includes the occurrences where the shipowner claims exemption and includes a willful wrongdoing of the Master without noticing the Owners. (15 Marks) A voyage charter party contains a number of clauses, whose name are usually written on the margin. Give the TITLE of each clause for each example below: 1. The money paid by Owners to the Charterer for time saved in the loading and discharging. 2. The number of days or hours allowed by the Charterer for loading or discharge. 3. A clause governing the nature and time of the liability of the Charterer for loading. 4. The right of the Shipowner to hold the cargo to secure the payment of the freight or hire. 5. Rate payable to the Owner if the agreed time for loading has been exceeded, as a compensation for the delay of the ship