TRANSHIPMENT CLAUSE Sample Clauses
A Transhipment Clause defines the conditions under which goods may be transferred from one vessel or mode of transport to another during their journey to the final destination. This clause typically specifies whether transhipment is permitted, any restrictions or requirements for such transfers, and the responsibilities of the carrier and shipper during the process. For example, it may allow transhipment at certain ports or prohibit it entirely for sensitive cargo. The core function of this clause is to clarify the handling of goods in transit, allocate risk, and prevent disputes related to delays, damage, or loss that may occur during transhipment.
POPULAR SAMPLE Copied 134 times
TRANSHIPMENT CLAUSE. OWNERS SHALL AGREE TO LOAD AND DISCHARGE FROM/TO BARGES AND/OR BY SHIP-TO-SHIP TRANSFER AFTER PRIOR NOTICE IS GIVEN BY CHARTERERS, WHEN PERMITTED BY THE PORT AUTHORITIES, ACCORDING TO USUAL PRACTICE, BUT ONLY ON CONDITION THAT NO RISK IS CAUSED TO THE VESSEL ACCORDING TO MASTER’S REASONABLE DISCRETION. CHARTERERS SHALL PROVIDE FOR ALL NECESSARY EQUIPMENT, INCLUDING BOOMS, FENDERS AND HOSES, FOR SUCH OPERATIONS AT THEIR TIME, RISK AND EXPENSE AND TO THE SATISFACTION OF THE MASTER. SUCH OPERATIONS SHALL BE CARRIED OUT IN CONFORMITY WITH THE LATEST PROVISIONS OF THE ICS / OCIMF SHIP-TO-SHIP TRANSFER GUIDE (LIQUIFIED GASES).. IF THE MASTER AT ANY TIME CONSIDERS THAT SUCH OPERATIONS ARE, OR ARE LIKELY TO BECOME, UNSAFE THEN HE MAY DISCONTINUE SUCH OPERATIONS. CHARTERERS SHALL PAY ANY ADDITlONAL PREMIUMS FOR HULL AND MACHINERY INCURRED BY SUCH OPERATIONS.
