Common use of CHARTERING SERVICES Clause in Contracts

CHARTERING SERVICES. 8.1 The Manager shall provide certain chartering services to the Group, including the following: (a) at the direction of the Owner, seeking and negotiating employment for each Vessel under voyage or period charters or under any other form of contract; (b) arranging of the proper payment to the Owner or its nominee of all hire and/or freight revenues or other moneys of whatsoever nature to which the Owner may be entitled arising out of the employment of or otherwise in connection with the Vessel; (c) providing voyage estimates and accounts and calculating of hire, freights, demurrage and/or dispatch moneys due from or due to the charterers of the Vessel; (d) furnishing the crew of each Vessel with appropriate voyage instructions and monitoring voyage performance while using best efforts to achieve the most economical, efficient and quick dispatch of each Vessel between ports and at ports and terminals; (e) appointing agents; (f) appointing stevedores; (g) arranging surveys associated with the commercial operation of the Vessel; (h) using due diligence to ensure that each Vessel will be employed between safe ports, safe anchorages and safe berths, so far as this can be established by exercising due diligence; (i) arranging the scheduling of each Vessel according to the terms of the Vessel’s employment; (j) carrying out all necessary communications with shippers, charterers and others involved with the receiving and handling of each Vessel at the loading and discharging ports, including sending any notices required under the terms of the Vessels’ employment; (k) preparing, issuing or causing to be issued to shippers the customary freight contracts, cargo receipts, bills of lading, shippers’ customary bills or other documents required under the terms of the Vessels’ employment; (l) invoicing on behalf of the Owner all freights and other sums due to the Owner and accounts receivables arising from the operation of the Vessels, making any and all claims for moneys due to the Owner and issuing releases upon receipt of payment or settlement of such claims; and (m) preparing off-hire statements and/or hire statements including obtaining port documents and expense supports necessary for such calculation.

CHARTERING SERVICES. 8.1 The Manager shall provide certain chartering services to the Group, including the following: (a) at the direction of the Owner, seeking and negotiating employment for each Vessel under voyage or period charters or under any other form of contract; (b) arranging of the proper payment to the Owner or its nominee of all hire and/or freight revenues or other moneys of whatsoever nature to which the Owner may be entitled arising out of the employment of or otherwise in connection with the Vessel; (c) providing voyage estimates and accounts and calculating of hire, freights, demurrage and/or dispatch moneys due from or due to the charterers of the Vessel; (d) furnishing the crew of each Vessel with appropriate voyage instructions and monitoring voyage performance while using best efforts to achieve the most economical, efficient and quick dispatch of each Vessel between ports and at ports and terminals; (e) appointing agents; (f) appointing stevedores; (g) arranging surveys associated with the commercial operation of the Vessel; (h) using due diligence to ensure that each Vessel will be employed between safe ports, safe anchorages and safe berths, so far as this can be established by exercising due diligence; (i) arranging the scheduling of each Vessel according to the terms of the Vessel’s employment; (j) carrying out all necessary communications with shippers, charterers and others involved with the receiving and handling of each Vessel at the loading and discharging ports, including sending any notices required under the terms of the Vessels’ employment; (k) preparing, issuing or causing to be issued to shippers the customary freight contracts, cargo receipts, bills of lading, shippers’ customary bills or other documents required under the terms of the Vessels’ employment; (l) invoicing on behalf of the Owner all freights and other sums due to the Owner and accounts receivables arising from the operation of the Vessels, making any and all claims for moneys due to the Owner and issuing releases upon receipt of payment or settlement of such claims; and (m) preparing off-hire statements and/or hire statements including obtaining port documents and expense supports necessary for such calculation.