FULL TERM FORM

FULL TERMS FORM

Fields with XXXXXX are mandatory / field -field dengan tanda XXXXXX wajib diisi

CARGO AND QUANTITY

XXXXXX MORE OR LESS AT OWNERS OPTION BULK COAL, OWNNERS TO SATISFY THEMSELVES AS TO LOADPORT AND DISPORT LIMITATIONS INCLUDING AVAILABLE DRAFT AT LOAD AND DISCHARGING PORT.

LOADING PORT

1SAFE ANCHORAGE XXXXXX

DISCHARGING PORT

1SAFE BERTH XXXXXX WITH DRAFT MAXIMUM AT XXXXXX ANY COST ARISE DUE TO OVER DRAFT WILL BE CHARTERS ACCOUNT.

LAYDAYS AND CANCELING DATE (LAYCAN)

LAYCAN XXXXXX

FREIGHT RATE

FREIGHT XXXXXX ON FIOST BASIS 1/1

LOAD RATE

XXXXXX PWWD SHINC EXCLUDING MAIN INDONESIAN HOLIDAYS ( ELECTION 1D, GOOD FRIDAY 1D, CHRISTMAS 1D, NEW YEAR 1D, IDUL FITRI 2D, IDUL ADHA 1D AND INDEPENDENCE DAY 1D ) UNLESS USED, IF USED ONLY ACTUAL TIME USED TO COUNT. NOR TO BE TENDERED AT ANY TIME DAY BETWEEN 08.00HRS AND 17.00HRS BY CABLE OR TELEX TO AGENT W.W.W.W PROVIDED THE VESSEL IS READY TO LOADAND OBTAINED FREE PRATIQUE. TIME TO COUNT 12HRS AFTER NOR TENDERED UNLESS SOONER COMMENCE IN WHICH CASE ACTUAL TIME USED TO COUNT. IF THE 12HRS PERIOD AFTER GIVING NOR EXPIRES ON A MAIN INDONESIAN HOLIDAY, LAYTIME TO COMMENCE AT 0800HRS ON NEXT WORKING DAY UNLESS SOONER COMMENCE

DISCHARGE RATE

XXXXXX PWWD SHINC EXCLUDING MAIN CHINA HOLIDAYS UNLESS USED, IF USED ONLY ACTUAL TIME USED TO COUNT. NOR TO BE TENDERED AT ANY TIME, EXCLUDING MAIN CHINA HOLIDAY BY CABLE OR TELEX TO AGENT W.W.W.W. TIME TO COUNT 12HRS AFTER NOR TENDERED UNLESS SOONER COMMENCE IN WHICH CASE ACTUAL TIME USED TO COUNT AS LAYTIME. SHIFTING BETWEEN ANCHORAGE AND BERTH SHALL NOT COUNT AS LAYTIME

PAYMENT OF FREIGHT

XXXXXX % AFTER SIGN FN,WITHIN 2 BANKING DAYS. FULL FREIGHT PAYABLE WITHIN 3 BANKING DAYS AFTER COMPLETION OF LOADING AND SIGNING/RELEASING BS/L MARKED "FREIGHT PAYABLE AS PER C/P" BUT ALWAYS BEFORE BREAKING BULK.

BILL OF LADING(S)

IN CASE ORIGINAL BS/L NOT AVAILABLE AT DISCHARGE PORT, MASTER TO RELEASE CARGO AGAINST CHARTERERS SINGLE LOI TO BE ENDORSED BY RECEIVERS UNDER OWNERS LOI FORMAT. DISCHARGE PORT AGENT NAME/TEL/FAX TO BE STATED IN BS/L HOWEVER THE CHARTERERS ALWAYS HOLD OWNERS FREE FROM SAID ARRANGEMENT.

FREIGHT DEEMED EARNED ON SIGNING BS/L

FREIGHT DEEMED EARNED ON SIGNING BS/L DISCOUNTLESS AND NOT RETURNABLE VESSEL AND/OR CARGO LOST OR NOT LOST

TAXES/DUES TO BE FOR OWNERS ACCOUNT

ANY TAXES/DUES ON FREIGHT/VESSEL/FLAG/OWNERSHIP TO BE FOR OWNERS ACCOUNT. OWNERS TO SEND/FAX A LETTER STATING THE COMPANY REGISTERED IN TAIWAN FOR TAX PURPOSE

TAXES/DUES TO BE FOR CHARTERERS ACCOUNT

ANY TAXES/DUES ON CARGO TO BE FOR CHARTERERS ACCOUNT

DEMURRAGE AND DESPATCH RATE

DEMURRAGE/DESPATCH USD XXXXXX / USD XXXXXX PDPR LAYTIME SAVED BOTH ENDS

DETENTION

OWNERS RESPONSIBLE TO PAY DETENTION TO CHARTERERS USD XXXXXX PD, IF VESSEL DID NOT ARRIVE WITH THE SCHEDULE AS MENTIONED UNTIL VESSEL SUBSTITUTION ARRIVAL.

LAYTIME CALCULATION METHOD 

LAYTIME NON-REVERSIBLE

AGENTS

OWNERS AGENTS AT LOAD AND DISCHARGE PORT SUBJECT TO REASONABLE PORT D/A

GRABS ARRANGEMENT AT LOADPORT 

OWNERS GUARANTEE VESSEL EQUIPPED WITH GOOD-CONDITION AND SUFFICIENT FACILITIES FULLY SUITABLE FOR LOADING BULK CARGO IN HOLDS AND TO PROVIDE SUFFICIENT LIGHTS AS ON BOARD FOR NIGHT WORKS AND FREE USE OF WHICH IN GOOD WORKING CONDITIONS. VESSEL TYPE IS GEARED AND SUITABLE FOR LOAD BY OWN GRABS, ANY BREAKDOWN OF VESSELS EQUIPMENT WILL COUNTLESS AT LAYTIME CALCULATION.

OVER AGE PREMIUM (OAP) 

OAP, IF ANY, TO BE FOR XXXXXX ACCOUNT

ARBITRATION 

SIAC LAW TO APPLY AND ARBITRATION IN XXXXXX

COMMISSIONS

XXXXXX %  PAYABLE BY OWNERS TO PT.XXXXXX

OTHER TERMS AND CONDITIONS 

OTHERWISE AS PER GENCON 1994 C/P

THE ABOVE TERM WILL BE SIGNED IN ENGLISH AND ITS FAX HAS THE SAME FORCE AND EFFECT AS ORIGINAL CONTRACT.