Under a time charter party, what are the charterers usually responsible for?

For the commercial employment of the vessel.Β 

Charterers pay for bunker fuel, canal dues, port charges (including light dues if any, pilotage, towage, linesmen, agency, etc. ) and all loading, stowing, trimming and discharging costs. They normally nominate port agents and hire stevedores. Since time charterers are the beneficiaries of the freight, they pay the costs of earning it.


Share this:

Written by Ship Inspection

Leave a Reply

Under a time charter, who would pay the crew’s overtime when work had to be done preparing the ship for a particular cargo, e. g. washing down holds?

“Disponent owners” are sometimes mentioned in time charters. Who are they?