{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "approved-manager", "type": "definition", "offset": [17, 33]}, {"key": "at-all-times", "type": "definition", "offset": [69, 81]}, {"key": "in-respect-of", "type": "definition", "offset": [107, 120]}, {"key": "the-vessel", "type": "definition", "offset": [121, 131]}, {"key": "the-lender", "type": "clause", "offset": [157, 167]}, {"key": "in-writing", "type": "definition", "offset": [168, 178]}, {"key": "modification-of", "type": "clause", "offset": [247, 262]}, {"key": "isps-code", "type": "clause", "offset": [366, 375]}], "snippet": "procure that the Approved Manager or any Operator will:\n(i) maintain at all times a valid and current ISSC in respect of the Vessel;\n(ii) immediately notify the Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the Vessel; and\n(iii) procure that the Vessel will comply at all times with the ISPS Code;", "size": 12, "samples": [{"hash": "eZS8iZUMWj2", "uri": "/contracts/eZS8iZUMWj2#compliance-with-isps-code", "label": "Loan Agreement (Performance Shipping Inc.)", "score": 32.319644928, "published": true}, {"hash": "44tyuKQoDco", "uri": "/contracts/44tyuKQoDco#compliance-with-isps-code", "label": "Loan Agreement (Performance Shipping Inc.)", "score": 32.319644928, "published": true}, {"hash": "d7jetady0hF", "uri": "/contracts/d7jetady0hF#compliance-with-isps-code", "label": "Loan Agreement (Pangaea Logistics Solutions Ltd.)", "score": 26.6167011261, "published": true}], "hash": "38f91e098a8f8c4e087fa899c2f5cc96", "id": 1}, {"snippet_links": [{"key": "mortgaged-ship", "type": "definition", "offset": [27, 41]}, {"key": "requirements-of-the", "type": "clause", "offset": [63, 82]}, {"key": "isps-code", "type": "clause", "offset": [83, 92]}, {"key": "not-limited", "type": "clause", "offset": [108, 119]}, {"key": "maintenance-and-renewal", "type": "clause", "offset": [128, 151]}, {"key": "pursuant-to-the", "type": "definition", "offset": [188, 203]}, {"key": "the-agent", "type": "clause", "offset": [242, 251]}, {"key": "withdrawal-of", "type": "clause", "offset": [289, 302]}], "snippet": "and will procure that each Mortgaged Ship will comply with the requirements of the ISPS Code including (but not limited to) the maintenance and renewal of the ISSC for each Mortgaged Ship pursuant to the ISPS Code and will immediately inform the Agent if there is any actual or threatened withdrawal of the ISSC for any Mortgaged Ship;", "size": 9, "samples": [{"hash": "8D1YapAn2Om", "uri": "/contracts/8D1YapAn2Om#compliance-with-isps-code", "label": "Facilities Agreement (Aries Maritime Transport LTD)", "score": 21.0, "published": true}, {"hash": "h8OmNN82hPX", "uri": "/contracts/h8OmNN82hPX#compliance-with-isps-code", "label": "Facilities Agreement (Omega Navigation Enterprises, Inc.)", "score": 19.0, "published": true}, {"hash": "atwNTaTV5ja", "uri": "/contracts/atwNTaTV5ja#compliance-with-isps-code", "label": "Junior Secured Loan Agreement (Omega Navigation Enterprises, Inc.)", "score": 19.0, "published": true}], "hash": "5ede415ffb334b9e004d1520cdebd8c3", "id": 2}, {"snippet_links": [{"key": "the-borrower", "type": "definition", "offset": [0, 12]}, {"key": "delivery-date", "type": "definition", "offset": [20, 33]}, {"key": "the-operator", "type": "clause", "offset": [130, 142]}, {"key": "requirements-of-the", "type": "clause", "offset": [162, 181]}, {"key": "isps-code", "type": "clause", "offset": [182, 191]}, {"key": "in-respect-of", "type": "definition", "offset": [227, 240]}, {"key": "the-vessel", "type": "definition", "offset": [241, 251]}, {"key": "security-period", "type": "definition", "offset": [322, 337]}], "snippet": "the Borrower on the Delivery Date shall have a valid and current ISSC in respect thereof and will comply on the Delivery Date and the Operator complies, with the requirements of the ISPS Code and the ISSC which shall be issued in respect of the Vessel shall remain valid on the Delivery Date and thereafter throughout the Security Period;", "size": 4, "samples": [{"hash": "eZS8iZUMWj2", "uri": "/contracts/eZS8iZUMWj2#compliance-with-isps-code", "label": "Loan Agreement (Performance Shipping Inc.)", "score": 32.319644928, "published": true}, {"hash": "44tyuKQoDco", "uri": "/contracts/44tyuKQoDco#compliance-with-isps-code", "label": "Loan Agreement (Performance Shipping Inc.)", "score": 32.319644928, "published": true}, {"hash": "2kbRmwWE2B", "uri": "/contracts/2kbRmwWE2B#compliance-with-isps-code", "label": "Loan Agreement (Seanergy Maritime Holdings Corp.)", "score": 32.2429847717, "published": true}], "hash": "0b79a93392ab5fb95f104666377ab41c", "id": 3}, {"snippet_links": [{"key": "seller-and-buyer-shall", "type": "clause", "offset": [8, 30]}, {"key": "comply-with-the", "type": "clause", "offset": [31, 46]}, {"key": "security-of", "type": "clause", "offset": [74, 85]}, {"key": "port-facilities", "type": "definition", "offset": [96, 111]}, {"key": "amendments-to", "type": "clause", "offset": [125, 138]}, {"key": "international-convention-for-the-safety-of-life-at-sea", "type": "definition", "offset": [157, 211]}, {"key": "isps-code", "type": "clause", "offset": [240, 249]}, {"key": "in-accordance-with", "type": "definition", "offset": [252, 270]}, {"key": "rights-and-obligations", "type": "clause", "offset": [328, 350]}, {"key": "with-respect-to", "type": "clause", "offset": [351, 366]}, {"key": "in-the-event-of", "type": "definition", "offset": [392, 407]}, {"key": "code-terms", "type": "clause", "offset": [465, 475]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [497, 520]}, {"key": "in-witness-of-this-agreement", "type": "clause", "offset": [543, 571]}, {"key": "signed-on", "type": "definition", "offset": [606, 615]}, {"key": "in-three-copies", "type": "clause", "offset": [638, 653]}, {"key": "of-buyer", "type": "clause", "offset": [715, 723]}, {"key": "represented-by", "type": "definition", "offset": [725, 739]}, {"key": "of-seller", "type": "clause", "offset": [759, 768]}], "snippet": "12.10.1 SELLER and BUYER shall comply with the International Code for the Security of Ships and Port Facilities and relevant amendments to Chapter XI of the International Convention for the Safety of Life at Sea, 1974 (SOLAS), hereinafter (ISPS Code), in accordance with Form-I of this Agreement, which shall govern the parties rights and obligations with respect to such compliance.\n12.10.2 In the event of any conflict between this Agreement and its Form-I (ISPS CODE TERMS AND CONDITIONS), the terms and conditions of Form-I shall prevail. IN WITNESS of this Agreement, the parties have caused it to be signed on the dates shown below in three copies, each of which shall serve as an original. For and on behalf of BUYER: REPRESENTED BY: For and on behalf of SELLER: REPRESENTED BY:", "size": 4, "samples": [{"hash": "bIBc4S04PQ0", "uri": "/contracts/bIBc4S04PQ0#compliance-with-isps-code", "label": "Crude Oil/Feedstock Supply/Delivery and Services Agreement (PBF Energy Inc.)", "score": 21.3655033112, "published": true}, {"hash": "193MWR87kjB", "uri": "/contracts/193MWR87kjB#compliance-with-isps-code", "label": "Crude Oil/Feedstock Supply/Delivery and Services Agreement (PBF Energy Inc.)", "score": 21.1409988403, "published": true}], "hash": "5ae88eaabfa16463713aacaf1bc6ce23", "id": 4}, {"snippet_links": [{"key": "the-owner", "type": "clause", "offset": [0, 9]}, {"key": "in-respect-of", "type": "definition", "offset": [39, 52]}, {"key": "the-vessel", "type": "definition", "offset": [68, 78]}, {"key": "owned-by", "type": "definition", "offset": [79, 87]}, {"key": "compliance-with-the-isps-code", "type": "clause", "offset": [106, 135]}], "snippet": "the Owner has a valid and current ISSC in respect of its Vessel and the vessel owned by it and is in full compliance with the ISPS Code;", "size": 3, "samples": [{"hash": "jTtnm5yVNtc", "uri": "/contracts/jTtnm5yVNtc#compliance-with-isps-code", "label": "Loan Agreement (Seanergy Maritime Holdings Corp.)", "score": 25.2997951508, "published": true}, {"hash": "hdzevxZCEuS", "uri": "/contracts/hdzevxZCEuS#compliance-with-isps-code", "label": "Loan Agreement (Seanergy Maritime Holdings Corp.)", "score": 24.3004798889, "published": true}], "hash": "0994562509064ca7ca1b8412073eff69", "id": 5}, {"snippet_links": [{"key": "the-borrowers", "type": "definition", "offset": [0, 13]}, {"key": "the-operator", "type": "clause", "offset": [78, 90]}, {"key": "requirements-of-the", "type": "clause", "offset": [110, 129]}, {"key": "isps-code", "type": "clause", "offset": [130, 139]}, {"key": "in-respect-of", "type": "definition", "offset": [175, 188]}, {"key": "security-period", "type": "definition", "offset": [235, 250]}], "snippet": "the Borrowers have a valid and current ISSC in respect thereof and comply and the Operator complies, with the requirements of the ISPS Code and the ISSC which shall be issued in respect of each Vessel shall remain valid throughout the Security Period;", "size": 3, "samples": [{"hash": "hCCF8eL4YOe", "uri": "/contracts/hCCF8eL4YOe#compliance-with-isps-code", "label": "Loan Agreement (Performance Shipping Inc.)", "score": 35.3175906913, "published": true}], "hash": "cc3ddc4426ff08712159c0d72a4fb7a0", "id": 6}, {"snippet_links": [{"key": "the-vessels", "type": "clause", "offset": [0, 11]}, {"key": "drawdown-date", "type": "definition", "offset": [51, 64]}, {"key": "requirements-of-the", "type": "clause", "offset": [81, 100]}, {"key": "isps-code", "type": "clause", "offset": [101, 110]}], "snippet": "the Vessels and any Operator comply or will on the Drawdown Date comply with the requirements of the ISPS Code.", "size": 3, "samples": [{"hash": "jx2vNMnxEdC", "uri": "/contracts/jx2vNMnxEdC#compliance-with-isps-code", "label": "Loan Agreement (FreeSeas Inc.)", "score": 19.4544830322, "published": true}], "hash": "0c2cc2e21f701f632a40453568ca7d1b", "id": 7}, {"snippet_links": [{"key": "seller-and-buyer-shall", "type": "clause", "offset": [4, 26]}, {"key": "comply-with-the", "type": "clause", "offset": [27, 42]}, {"key": "security-of", "type": "clause", "offset": [70, 81]}, {"key": "port-facilities", "type": "definition", "offset": [92, 107]}, {"key": "amendments-to", "type": "clause", "offset": [121, 134]}, {"key": "international-convention-for-the-safety-of-life-at-sea", "type": "definition", "offset": [153, 207]}, {"key": "isps-code", "type": "clause", "offset": [236, 245]}, {"key": "in-accordance-with", "type": "definition", "offset": [248, 266]}, {"key": "rights-and-obligations", "type": "clause", "offset": [324, 346]}, {"key": "with-respect-to", "type": "clause", "offset": [347, 362]}, {"key": "in-the-event-of", "type": "definition", "offset": [384, 399]}, {"key": "code-terms", "type": "clause", "offset": [457, 467]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [489, 512]}, {"key": "in-witness-of-this-agreement", "type": "clause", "offset": [535, 563]}, {"key": "signed-on", "type": "definition", "offset": [598, 607]}, {"key": "duplicate-original", "type": "clause", "offset": [680, 698]}, {"key": "of-buyer", "type": "clause", "offset": [718, 726]}, {"key": "represented-by", "type": "definition", "offset": [728, 742]}, {"key": "of-seller", "type": "clause", "offset": [762, 771]}, {"key": "crude-oil", "type": "clause", "offset": [842, 851]}, {"key": "sales-and-marketing", "type": "definition", "offset": [852, 871]}, {"key": "saudi-arabian", "type": "definition", "offset": [897, 910]}, {"key": "please-be-advised", "type": "definition", "offset": [1072, 1089]}, {"key": "saudi-aramco", "type": "definition", "offset": [1095, 1107]}, {"key": "made-pursuant-to", "type": "clause", "offset": [1228, 1244]}, {"key": "letter-agreement", "type": "definition", "offset": [1254, 1270]}, {"key": "state-of-delaware", "type": "definition", "offset": [1360, 1377]}, {"key": "united-states-of-america", "type": "definition", "offset": [1379, 1403]}, {"key": "in-the-case", "type": "clause", "offset": [1405, 1416]}, {"key": "state-of-new-jersey", "type": "clause", "offset": [1477, 1496]}, {"key": "right-to", "type": "definition", "offset": [1621, 1629]}, {"key": "at-any-time", "type": "clause", "offset": [1675, 1686]}, {"key": "by-giving-you", "type": "clause", "offset": [1687, 1700]}, {"key": "notice-of", "type": "definition", "offset": [1709, 1718]}, {"key": "cost-of-shipping", "type": "clause", "offset": [1757, 1773]}, {"key": "the-us", "type": "clause", "offset": [1803, 1810]}, {"key": "the-price", "type": "clause", "offset": [1926, 1935]}, {"key": "average-cost", "type": "definition", "offset": [2068, 2080]}, {"key": "based-on", "type": "definition", "offset": [2179, 2187]}, {"key": "monthly-assessment", "type": "definition", "offset": [2285, 2303]}, {"key": "terms-of", "type": "clause", "offset": [2315, 2323]}, {"key": "metric-ton", "type": "definition", "offset": [2330, 2340]}, {"key": "percentage-factor", "type": "clause", "offset": [2461, 2478]}, {"key": "the-percentage", "type": "definition", "offset": [2538, 2552]}, {"key": "freight-rate", "type": "definition", "offset": [2776, 2788]}, {"key": "an-example", "type": "clause", "offset": [3036, 3046]}, {"key": "subject-to-revision", "type": "clause", "offset": [3477, 3496]}, {"key": "from-time-to-time", "type": "clause", "offset": [3497, 3514]}, {"key": "necessary-and-appropriate", "type": "clause", "offset": [3525, 3550]}], "snippet": "(a) SELLER and BUYER shall comply with the International Code for the Security of Ships and Port Facilities and relevant amendments to chapter X1 of the International Convention for the Safety of Life at Sea, 1974 (SOLAS), hereinafter (ISPS Code), in accordance with Form-I of this Agreement, which shall govern the parties rights and obligations with respect to such compliance.\n(b) In the event of any conflict between this Agreement and its Form-I (ISPS CODE TERMS AND CONDITIONS), the terms and conditions of Form-I shall prevail. IN WITNESS of this Agreement, the parties have caused it to be signed on the dates shown below in two (2) copies, each of which shall serve as a duplicate original. For and on behalf of BUYER: REPRESENTED BY: For and on behalf of SELLER: REPRESENTED BY: By: By: \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Title: Title: Manager, Crude Oil Sales and Marketing Department Date: Date: : Saudi Arabian Oil Company : Tel: (+\u2587\u2587\u2587-\u2587) \u2587\u2587\u2587-\u2587\u2587\u2587\u2587 : Crude Oil Sales and Marketing Department : Fax: (+\u2587\u2587\u2587-\u2587) \u2587\u2587\u2587-\u2587\u2587\u2587\u2587 : TN-1030, Tower Building : \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 Please be advised that Saudi Aramco will add freight protection to your [REDACTED] lifting of Arabian [REDACTED] and Arabian [REDACTED] grades of crude oil made pursuant to our Spot/Letter Agreement (COSMD-117/2011 dated July 20, 2011) which is destined for your refining facility in the State of Delaware, United States of America, in the case of the Arabian [REDACTED] and your refining facility in the State of New Jersey, United States of America, in the case of the Arabian [REDACTED]. It is expressly understood that Saudi Aramco reserves the right to prospectively revoke this freight protection at any time by giving you written notice of said revocation. Recognizing that the cost of shipping crude oil from [REDACTED] to the U.S. Gulf is subject to monthly fluctuations, Saudi Aramco freight protection is designed to adjust upward or downward the price of [REDACTED] crude oil for the U.S. Gulf destination. Saudi Aramco freight protection is calculated as follows: First, the monthly average cost of shipping crude oil from [REDACTED] is assessed by the [REDACTED]. The [REDACTED] assessment is based on the movement of cargoes of one or two grades of non-heat crude oil in [REDACTED]. The [REDACTED] monthly assessment is made in terms of $ per metric ton. Second, Saudi Aramco adjusts the [REDACTED] monthly assessment from [REDACTED] using a Saudi Aramco monthly calculated percentage factor to reflect the cost of shipping crude oil from [REDACTED]. The percentage factor used reflects the lowest cost route from [REDACTED], or the [REDACTED]. Third, the difference is calculated between the [REDACTED] monthly assessment adjusted by the monthly calculated percentage factor and the Base Freight Rate from [REDACTED]. The Base Freight Rate is $[REDACTED] per metric ton. Fourth, the calculated difference is converted from $ per metric to $ per barrel using the following densities: Arabian [REDACTED] [REDACTED ] Arabian [REDACTED] [REDACTED ] As an example, the [REDACTED] monthly assessment for May 2011 was $[REDACTED] per metric ton. The Saudi Aramco calculated monthly percentage factor for May 2011 was [REDACTED]. The calculated difference with the Base Freight Rate was $[REDACTED] per metric ton. The freight protection for Arab [REDACTED] and Arab [REDACTED] for May 2011 was $[REDACTED] per barrel and $[REDACTED] per barrel respectively. The freight protection methodology is subject to revision from time to time as deemed necessary and appropriate.", "size": 2, "samples": [{"hash": "17LyB95LUwG", "uri": "/contracts/17LyB95LUwG#compliance-with-isps-code", "label": "Crude Oil/Feedstock Supply/Delivery and Services Agreement (PBF Energy Inc.)", "score": 21.3655033112, "published": true}, {"hash": "hY6MNKgcAzn", "uri": "/contracts/hY6MNKgcAzn#compliance-with-isps-code", "label": "Crude Oil/Feedstock Supply/Delivery and Services Agreement (PBF Energy Inc.)", "score": 21.1409988403, "published": true}], "hash": "e5244863a75074fff205c07f3d804c2b", "id": 8}, {"snippet_links": [{"key": "the-borrower", "type": "definition", "offset": [0, 12]}, {"key": "drawdown-date", "type": "definition", "offset": [20, 33]}, {"key": "in-respect-of", "type": "definition", "offset": [70, 83]}, {"key": "the-vessel", "type": "definition", "offset": [84, 94]}, {"key": "the-operator", "type": "clause", "offset": [136, 148]}, {"key": "requirements-of-the", "type": "clause", "offset": [168, 187]}, {"key": "isps-code", "type": "clause", "offset": [188, 197]}, {"key": "issued-in", "type": "definition", "offset": [226, 235]}, {"key": "security-period", "type": "definition", "offset": [328, 343]}], "snippet": "the Borrower on the Drawdown Date shall have a valid and current ISSC in respect of the Vessel and will comply on the Drawdown Date and the Operator complies, with the requirements of the ISPS Code and the ISSC which shall be issued in respect of the Vessel on the Drawdown Date and shall remain valid thereafter throughout the Security Period;", "size": 2, "samples": [{"hash": "lIAfuQFsTvM", "uri": "/contracts/lIAfuQFsTvM#compliance-with-isps-code", "label": "Loan Agreement (Pyxis Tankers Inc.)", "score": 35.2464065552, "published": true}, {"hash": "7HC4vOfpO6C", "uri": "/contracts/7HC4vOfpO6C#compliance-with-isps-code", "label": "Loan Agreement (Pyxis Tankers Inc.)", "score": 35.2464065552, "published": true}], "hash": "07fe0d00c0b8688b1c95f3afdb26dcdc", "id": 9}, {"snippet_links": [{"key": "seller-and-buyer-shall", "type": "clause", "offset": [0, 22]}, {"key": "comply-with-the", "type": "clause", "offset": [23, 38]}, {"key": "security-of", "type": "clause", "offset": [66, 77]}, {"key": "port-facilities", "type": "definition", "offset": [88, 103]}, {"key": "amendments-to", "type": "clause", "offset": [117, 130]}, {"key": "international-convention-for-the-safety-of-life-at-sea", "type": "definition", "offset": [149, 203]}, {"key": "isps-code", "type": "clause", "offset": [232, 241]}, {"key": "in-accordance-with", "type": "definition", "offset": [244, 262]}, {"key": "this-agreement", "type": "clause", "offset": [273, 287]}, {"key": "rights-and-obligations", "type": "clause", "offset": [320, 342]}, {"key": "with-respect-to", "type": "clause", "offset": [343, 358]}], "snippet": "SELLER and BUYER shall comply with the International Code for the Security of Ships and Port Facilities and relevant amendments to chapter X1 of the International Convention for the Safety of Life at Sea, 1974 (SOLAS), hereinafter (ISPS Code), in accordance with Form-I of this Agreement, which shall govern the parties rights and obligations with respect to such compliance.", "size": 2, "samples": [{"hash": "bIBc4S04PQ0", "uri": "/contracts/bIBc4S04PQ0#compliance-with-isps-code", "label": "Crude Oil/Feedstock Supply/Delivery and Services Agreement (PBF Energy Inc.)", "score": 21.3655033112, "published": true}, {"hash": "193MWR87kjB", "uri": "/contracts/193MWR87kjB#compliance-with-isps-code", "label": "Crude Oil/Feedstock Supply/Delivery and Services Agreement (PBF Energy Inc.)", "score": 21.1409988403, "published": true}], "hash": "d0fb7ed5c9f15f09aec9561e51a87821", "id": 10}], "next_curs": "CmISXGoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj4LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiJjb21wbGlhbmNlLXdpdGgtaXNwcy1jb2RlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["", ""], ["definitions", "Definitions"], ["intercreditor-provisions", "Intercreditor Provisions"], ["agreements-with-respect-to-lenders-collateral", "Agreements with Respect to Lenders Collateral"], ["certain-turnover-provisions", "Certain Turnover Provisions"]], "parents": [["representations-and-warranties", "Representations and Warranties"], ["initial-representations-and-warranties", "Initial representations and warranties"], ["general", "General"], ["undertakings", "Undertakings"], ["other-terms", "Other Terms"]], "title": "Compliance with ISPS Code", "size": 38, "id": "compliance-with-isps-code", "related": [["compliance-with-\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587\u2587-act", "Compliance with \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587\u2587 Act", "Compliance with \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587\u2587 Act"], ["compliance-with-\u2587\u2587\u2587\u2587\u2587", "Compliance with \u2587\u2587\u2587\u2587\u2587", "Compliance with \u2587\u2587\u2587\u2587\u2587"], ["compliance-with-rules", "Compliance with Rules", "Compliance with Rules"], ["compliance-with-ofac", "Compliance with OFAC", "Compliance with OFAC"], ["compliance-with-standards", "Compliance with Standards", "Compliance with Standards"]], "related_snippets": [], "updated": "2026-04-30T06:05:53+00:00", "also_ask": [], "drafting_tip": "", "explanation": "The 'Compliance with ISPS Code' clause requires parties involved in maritime contracts, such as shipowners and charterers, to adhere to the International Ship and Port Facility Security (ISPS) Code, which sets security standards for ships and port facilities. This clause typically obligates the vessel to maintain valid ISPS certification and for both parties to cooperate in providing necessary security information or documentation. Its core function is to ensure that all parties meet international security requirements, thereby reducing risks related to terrorism or unlawful acts during shipping operations."}, "json": true, "cursor": ""}}