Charter party is a written contract between the shipowner and the charterer. Clauses relating to voyage charter party are also discussed in the presentation.

1. Voyage Charter Party
- Ajith V A
MBA ITLM
IMU Cochin

2. Introduction
▰Ship Owner
▰Chartering
▰Charterer
▰Ship broker
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3. 3
Charter Party
- Is a written contract between the shipowner and the
charterer.
- It is a contract finalized covering terms and conditions
agreed for the carriage of the cargo, with aspects like
commercial, losses or damage liabilities, security,etc.,
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4. 4
Voyage Charter Party
A voyage charter party can be defined as a legal
contract, which is signed between the ship owner and
charterer, that defines the roles and responsibilities of
the parties of the voyage charter.
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5. 5
Voyage Charter Party – Cont…
▰In a voyage charter party the charterer assumes no
responsibility for the operation of the vessel but
generally pays stevedoring expenses in and out.
▰ A statement to that effect will be included in the
charter party.
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6. List of Voyage charter party clauses
▰1. Preamble
▰2. Cargo quantity and description
▰3. Loading places
▰4. Loading orders and rotation
▰5. Discharging places
▰6. Discharging orders and rotation
▰7. Laydays/ cancelling
▰8. Freight
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▰9. Cost of loading and discharge
▰10. Notice of readiness and time counting
▰11. Loading and discharging rates
▰12. Excepted periods
▰13. Demurrage and depatch
▰14. Notices
▰15. Ship’s Gear
▰16. Grab discharge stevedore damage
▰17. Overtime
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8. 8
▰18. Shifting and seaworthy trim
▰19. Cargo separation and tallying
▰20. Dues and taxes
▰21. Port agents
▰22. Bills of lading
▰23. Lightening
▰24. General average
▰25. Strikes
▰26. Exceptions
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9. 9
▰27. Commission
▰28. Protection clauses
▰29. Lien
▰30. Ice
▰31. War risks
▰32. Signature
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10. Standard contracts used in Voyage charter
parties
▰AMWELSH 93
▰BIMCHEMVOY 2008
▰CEMENTVOY 2006
▰COALOREVOY
▰CRUISEVOY
▰FERTICON 2007
▰GASVOY 2005
▰HEAVYCON 2007
▰NORGRAIN 89
▰SYNACOMEX 2000
▰PROJECTCON
▰WORLDFOOD 99
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11. THANK YOU !