Common use of CARGO RETENTION CLAUSE Clause in Contracts

CARGO RETENTION CLAUSE. In the event that any cargo remain on board upon completion of discharge, Charterers shall have the right to claim against Owners an amount equal to the FOB port of loading value of such cargo plus freight due with respect thereto, provided that volume of such cargo is liquid, pumpable and reachable by vessel’s normal discharge equipment as determined by an independent surveyor. The independent surveyor to be mutually agreed by both parties.

CARGO RETENTION CLAUSE. In the event that any cargo remain on board upon completion of discharge, Charterers shall have the right to claim against Owners an amount equal to the FOB port of loading value of such cargo plus freight due with respect thereto, provided that volume of such cargo is liquid, pumpable and reachable by vessel’s 's normal discharge equipment as determined by an independent surveyor. The independent surveyor to be mutually agreed by both parties.,