Tri-Party Agreement shall have the meaning set forth in Section 6.4 hereof.Ĭharter Agreement means an agreement made in accordance with Section 53G-5-303 that authorizes the operation of a charter school. More Definitions of CHARTER PARTY AGREEMENT
TO SAFEGUARD MUTUAL INTEREST, CHARTERER’S AGENTS TO BE NOMINATED AT DISCHARGE PORT BY SELLER / SUPPLIER / SHIPOWNER AND SHOULD BE AS RECOMMENDED BY / ACCEPTABLE TO THE RECEIVER.ALL OTHER SHIPPING TERMS AND CONDITIONS, WHICH ARE NOT STIPULATED HERE, WILL BE MUTUALLY AGREED AND / OR AS PER CHARTER PARTY AGREEMENT. Medicines and equipment to be as per required regulations with sufficient storage space.MODEL CHARTER PARTY AGREEMENT RIDERS TO CHARTERPARTY DATED (Clause 26 continued) The Vessel will have proper kitchen with adequate number of gadgets and crockery, dining hall to accommodate at least 20 persons at a time and sufficient number of washing machines for the use of the Charterer’s personnel.īUNKER (MGO/MDO) CAPACITY (METRICTONS)FUEL OIL 90 PERCENT _/ TONS (INCLUDING OVERFLOW TANK) TOTAL _/ TONS/CBMDIESEL OIL: 90 PERCENT / TONS/CBM HENCE TOTAL : 2384 TONSMODEL CHARTER PARTY AGREEMENT RIDERS TO CHARTERPARTY DATED (Clause 25(A) continued) 28.īALLAST PUMP: CBM/HOURBALLASTING TIME: _ HRSDEBALLASTING TIME: TOTAL DEBALLASTING: HRS HRSLOCATION OF THE BUNKERING STATION: _ _ CONNECTING FLANGE DESCRIPTION:MAX PRESSURE: _MAX PERMITTED BUNKERING RATE: _ CBM/HOUR MDO CBM/HOURMODEL CHARTER PARTY AGREEMENT RIDERS TO CHARTERPARTY DATED (Clause 25(A) continued) 15.ĮVAPORATOR: TYPE: _ CAPACITY: _MODEL CHARTER PARTY AGREEMENT RIDERS TO CHARTERPARTY DATED (Clause 25(A) continued) 12. The Master to recommend estimated quantities of bunkers for IFO and MDOMODEL CHARTER PARTY AGREEMENT RIDERS TO CHARTERPARTY DATED (Clause 25(B) continued) with due regard to safety margin. THE COPY OF RELEVANT CHARTER PARTY AGREEMENT SHOULD BE MADE AVAILABLE TO THE RECEIVER BEFORE ARRIVAL OF VESSEL AT DISCHARGE PORT. THE BID SECURITY SHALL GUARANTEE EXECUTION OF CHARTER PARTY AGREEMENT AND FURNISHING OF A PERFORMANCE SECURITY/ GUARANTEE BY THE PRINCIPAL.THOSE OFFERS WHICH ARE NOT ACCOMPANIED WITH AN ACCEPTABLE BID SECURITY SHALL BE CONSIDERED AS NON-RESPONSIVE AND SHALL BE REJECTED. THE BID SECURITY SHALL GUARANTEE EXECUTION OF CHARTER PARTY AGREEMENT AND FURNISHING OF A PERFORMANCE SECURITY/ GUARANTEE BY THE PRINCIPAL. The OWNER and CHARTERER, whose signatures need not be affixed to the same copy of the YACHT CHARTER PARTY AGREEMENT, may transmit the Agreement by facsimile or other electronic means. The Company is also actively working towards the establishment of LNG Bunkering Global Network through partnerships with port operators and international industry players.Examples of CHARTER PARTY AGREEMENT in a sentence PETRONAS has set up the necessary infrastructure for LNG bunkering services at Pengerang, Johor and Sungai Udang, Melaka.
“We are also collaborating with various ministries, authorities and fellow industry players to co-develop the policies, guidelines and procedures for safe and effective bunkering operations in embracing the IMO 2020 regulations,” he added.
PETRONAS Vice President of LNG Marketing & Trading and Chief Executive Officer of PLSB, Ahmad Adly Alias said: “PETRONAS is always on the lookout to adopt new technologies through smart partnerships and promote LNG as a cleaner fuel and the fuel of choice for the marine industry”. The LNG bunker vessel is capable of providing bunkering services to LNG fueled vessels across Malaysia, and also transporting smaller scale LNG cargoes across the region. The collaboration positions PETRONAS among the first LNG bunkering service providers in the South East Asia region, moving Malaysia closer towards becoming a LNG bunkering hub. Petroliam Nasional Bhd (PETRONAS) through its subsidiary PETRONAS LNG Sdn Bhd (PLSB) achieved another milestone with the signing of the Time Charter Party (TCP) with MISC Berhad and Avenir LNG Limited to charter a 7,500 cubic meters of liquefied natural gas (LNG) bunker vessel.
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