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Relet clause

Relet clause.  In the MULTIFORM voyage charterparty the Relet clause gives the charterers the option of sub-chartering the ship to others.

However, the original charterers remain responsible to the owners under the “head charter”.

The clause states:

“Charterers have the privilege of re letting all or pan of this Charterparty to others, subject to Owners’ approval, which shall not be unreasonable withheld, Charterers guaranteeing to the Owners the due fulfilment of this Charterparty.”

 

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Written by Ship Inspection

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