Shipper. In the U.S. Shipping Act 1984 the “shipper” was defined as: “an owner or person for whose account the ocean transportation is provided or the person to whom delivery is to be made.”
Subject shippers' approval. Like the previous restriction, this is also a "condition precedent" which can cause the fixture to fail to be binding if the shippers do not accept the ship to load the cargo. Again, also like the previous restriction, this can require a third party's approval before a charter between the owner and the charterer becomes binding.