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Charter Party agreements

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Presentation on theme: "Charter Party agreements"— Presentation transcript:

1 Charter Party agreements
liabilities ERVO 2009 Marieke J. Rietveld, NIOZ, The Netherlands NIOZ is part of the Netherlands Organisation for Scientific Research (NWO)

2 BIMCO “Supplytime 89” with amendments
This BIMCO charter agreement is fairly balanced between Owner and Charterer, widely accepted and even preferred by underwriters. Offering possibility for Mutual Indemnity & Waiver of Recourse. Charterer can be included in the P&I insurance policy as an additional named insured, which indemnifies the named insured against claims brought forward by any other of the named insureds, and vice versa. (knock-for-knock) NIOZ requires a Charterers’ Liability Insurance from Charterer, which NIOZ insurance brokers can provide.


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