Elaborate the influence of a charterer on operations of propulsion and other ship-board machineries during a voyage

[mohit]

Elaborate the influence of a charterer on operations of propulsion and other ship-board machineries during a voyage

[deepak]

CHARTERER:- It is a person or company who hires a vessel for a specified voyage or a specified period of time.

There are three types of charters:-

1. Voyage charter

2. Time charter

3. Bareboat charter

In all above cases, influence of charterer on operation of propulsion and other shipboard Machinery during a voyage will be:

1. VOYAGE CHARTER:-

• A voyage charter is the hiring of a vessel and crew for a voyage between a load port and a discharge port. The charterer pays the vessel owner on a per-ton or lump-

sum

basis. The owner pays the port costs (excluding stevedoring), fuel costs and crew costs. The payment for the use of the vessel is known as freight. A voyage charter

specifies

a period, known as laytime, for loading and unloading the cargo. If laytime is exceeded, the charterer must pay demurrage. If laytime is saved, the charter party may

require

the shipowner to pay despatch to the charterer.

• In a voyage charter, laycan days are given to the owner.

• Laycan days means a specified period in which a vessel has to reach to the given port for loading and after loading it has to reach within a specified time to discharge

port.

• In case of any machinery breakdown takes place during the voyage, and because of that if the vessel is not present at agreed port or location, the charterers are

entitled to reject the vessel and cancel the charter.

• So, it is the duty of chief engineer to check the main engine rpm so that ship should be present at the port or place as specified in charter party and between laycan

days.

• Master can take appropriate route to reach the port without the permission of charterer.

2. TIME CHARTER:-

• A time charter is the hiring of a vessel for a specific period; the owner still manages the vessel, but the charterer selects the ports and directs the ship where to go. The

charterer pays for all fuel the ship consumes, port charges, commissions, and a daily hire to the owner of the vessel.

• In time charter vessel speed and fuel consumption are mentioned and agreed in the charter party.

• As fuel is supplied by the charterer, so any deviation in case of fuel or speed, the owner has to pay the compensation to the charterer.

• So, chief engineer has to maintain charterer required rpm to get the speed as specified in the charter party.

• Master has to take permission from charterer before diverting the route. Route of the voyage should be approved by the charterer.

• Similarly, cargo operation time is also mentioned in the charter party.

• And if it deviates from this, the vessel will be off hired for that particular period.

3. BAREBOAT CHARTER:-

• . The charterer obtains possession and full control of the vessel along with the legal and financial responsibility for it. The charterer pays for all operating expenses,

including fuel, crew, port expenses and P&I and hull insurance.

• In case of the bareboat charter, all responsibilities regarding navigation, propulsion and maintenance of shipboard machinery remain with the charterer itself.

[tinasiahaan]

Our company often uses the services of Voyage Charter to transport coal or minerals. Previously when chartering, the payment agreement with the ship owner was in two steps of term payment. 50% when the ship is about to load in port of origin and 50% when the ship has finished unloading in port destination.
However, we received information that in the shipping, there are currently 3 stage of term payment method, 25% when an agreement occurs, 50% when the ship is finished loading in port origin, an the rest of 25% after arriving at the port of destination and will unload.
Please help me, if there’s any journal or any explanation regarding about term of payment usually used in voyage charter. Thank You