Tanker Voyage Charter Party

VELAVOY2005

PREAMBLE
IT IS THIS DAY AGREED between __________________________________________, Owner/Chartered Owner
(hereinafter called "Owner") of the __________________________ Flag MS/SS ____________________
(hereinafter called "Vessel"), and _______________________________
(hereinafter called "Charterer")
that the transportation herein provided for shall be performed subject to the terms and conditions of this Charter, which
includes this Preamble and Part I and Part II. In the event of a conflict, the provisions of Part I shall prevail over those
contained in Part II to the extent of such conflict.

PART I
(A)

VESSEL DESCRIPTION AND POSITION:

Year built: ____________ Classed: ________________________
IMO No.:
Summer Deadweight: _______________ metric tons on _________ meters/feet draft in salt water on assigned
summer freeboard.
Maximum Cargo Capacity: _________________ metric tons ______ % more or less Vessel's option.
Cubic capacity for cargo (at 98%): ________________________ cubic meters/cubic feet/barrels.
Length overall: ______________________ meters/feet. Beam: __________________ meters/feet.
Tons per centimeter (TPC) immersion: ___________________________________
Capacity of segregated ballast tanks (SBT): ____________________________________ cubic meters
SBT capacity as % of summer dead weight: ______________________________________________
Gross Registered Tons (GRT): ________________________________
Can Vessel load cargo and discharge clean ballast simultaneously? _________ Yes _________ No
Suez Canal Net Tonnage (SCNT): ________________________________
Specify amount of clean ballast normally carried for loading port arrival: ___________ cubic meters
Number of Cargo tanks: ________________________________
Cargo tanks Coated: ________ Yes ________ No
Type: ________________________________
Cargo tanks Coiled: ________ Yes ________ No
Material: ______________________________
Last Cargo: _______________________________ Next to last cargo: _________________________
Vessel location on date of Charter: ____________________________________________
Expected ready to load: ________________________________________________________
Base speed: _______________________________knots laden, weather and safe navigation permitting.
Maximum speed: __________________________knots laden, weather and safe navigation permitting.
Hull insured value: _____________________________________________________
Owner warrants Vessel's position at time of fixture is __________ and that Vessel is proceeding at _____ knots.

(B)

LAYDAYS: Commencing: ___________ Cancelling: ___________

(C)

LOADING RANGE(S)/PORT(S)/PLACE(S):

(D)

DISCHARGING RANGE(S)/PORT(S)/PLACE(S):

(E)

CARGO QUANTITY:
Full Cargo as defined in Part II, Clause 1 subject to the Maximum Cargo Capacity limits specified in Part (A):
__________ Yes

__________ No

or
Part Cargo Minimum ___________________ metric tons with Charterer's option to load up to Full Cargo as described
in this Paragraph (E); provided Part Cargo Minimum or cargo sufficient to fill the cubic capacity of Vessel's available
cargo spaces is supplied by Charterer, no deadfreight shall be payable by Charterer under Part II, Clause 7, whether
option is exercised or not.
(F)

CARGO DESCRIPTION:

(G)

FREIGHT RATE:
Freight rate for Full Cargo or Part Cargo Minimum
(hereinafter called "Base Freight Rate"): ________________________________________________
Freight rate for quantity above Part Cargo Minimum
(hereinafter called "Overage Freight Rate"):______________________________________________
Percentage points per knot increase in Freight Rate for speed increases:
__________________________________ as described in Part II, Clause 37.

(H)

STORAGE RATE PER DAY:

(I)

BILLING:

United States Dollars ____________________________________________

Freight, deadfreight, demurrage and any other monies payable to Owner pursuant to
this Charter shall be payable in United States Dollars and invoiced to Charterer
at:______________________________________________________________________________
and paid to Owner at:________________________________________________________________
(J)

LAYTIME:

Total Laytime in running hours:____________________________________________

(K)

DEMURRAGE/DEVIATION PER DAY:

In accordance with Part II, Clause 8, demurrage and/or deviation per day shall be based on:
Summer Deadweight of _______________________________________________ metric tons; or
Part Cargo Minimum plus ___________________________________________ metric tons;
totalling __________________________________________________________ metric tons;
or United States dollars _______________________________________________________

(L)

LAW:
The construction, validity and performance of this Charter shall be governed by English
Law. Arbitration shall take place and General Average shall be adjusted and settled in London.

(M)

INCORPORATED CLAUSE(S):
The following specified Clause(s), the text(s) of which are attached hereto shall be
deemed incorporated in and made a part of this Part I.

IN WITNESS WHEREOF, the parties have caused this Charter, consisting of a Preamble, Parts I and II, to be executed in
duplicate.
__________________________________________________________________________________________________
Owner

By: _______________________________________________ Title: __________________________________________

__________________________________________________________________________________________________
Charterer

By: _______________________________________________ Title: __________________________________________