HomeShipping and FreightChartering terms query

Chartering terms query

Name: Ranjit Ajgaonkar

Email: ranjit.ajgaonkar@gmail.com

Ask your question here..:

GOOD DAY ! We all know about common load/disrate terms such as 8000 mt pd shex eiu or uu etc..

But what does it exactly means when the C/P states per day load/disrate CD (Customory Despatch) or COP (Custom of Port) ??

Finding this useful..??

Join over 11 million readers from 230+ countries.. Receive new articles straight to your inbox, free..

Having agreed to such vague terms can Charterers/Cargo Interests take the Ship Owner for a ride ?? Or the Ship Owners / Master still remain well sheilded ??

Plsd to hear in detail. Ranjit


Liked the content..??

Join thousands of professionals who receive actionable industry insights, expert analyses, and thought-leadership content straight to their inbox, for free from Shipping and Freight Resource..







 

 

 

About the Author

Hariesh Manaadiar
Hariesh Manaadiarhttps://www.shippingandfreightresource.com
I am Hariesh Manaadiar, Founder of Shipping and Freight Resource.. I have been working in the global transport and trade ecosystem since 1989 across shipping, freight, logistics, supply chain and trade.. I share insights and knowledge across the industry from bills of lading and trade documentation to ports, maritime regulation, freight markets, and the digitalisation of global trade.. My work sits under Making Global Trade FIT™, built on a simple philosophy.. Every trade challenge can be fixed, explained or taught.. HM Business Solutions FIXES trade challenges, Shipping and Freight Resource INFORMS the industry, and Shipping and Freight Academy TRAINS for capability.. Since 2008, this resource has helped businesses make sense of complexity in global trade, and has been read by over 11.4 million visitors from 230 countries.. I have also delivered training and developed guides for organisations including UNICEF, Texas State University, the University of Plymouth, and AMTOI India.. Stay subscribed for free and useful content from across the industry..

1 COMMENT

  1. Mr. Ranjit

    The effect of custom in charter parties is likely to be minimal, since for a custom to have any effect, it must be shown to be not inconsistent with any express terms of the charter and of course, most charters provide expressly when laytime is to commence.

    To prove any custom is difficult because it involves establishing that it is not only reasonable and certain, but invariably accepted by ships and merchants using the port concerned.

    The effect of a custom may be either to advance or delay when laytime commences for the vessel concerned.

    In a customary laytime charter, which is a port charter, the specified destination will be reached when, if vessel cannot proceed direct to a berth, anchors within the port limits at the usual anchorage for ships of that sort, so that vessel is at the immediate and effective disposition of the charterer.

    Reaching the specified destination in a customary laytime charter does not mean necessarily that the charterer is under an obligation to load or discharge the vessel forthwith or that any delay will count against him. However the charterer can be held liable for delays occurred if he fails to exercise due diligence.

    I am not aware about the facts of your case. I would recommend to look at the statement of the custom and practice of the port in question.

LEAVE A REPLY

Please enter your comment!
Please enter your name here


This site uses Akismet to reduce spam. Learn how your comment data is processed.

RELATED ARTICLES

Subscribe

Stay ahead of what’s moving global trade..

Get shipping, freight, logistics, supply chain, and trade insights delivered directly to your inbox..

Join industry professionals across 230+ countries..