Cesser clause ?

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FOLLOW

Where the charterers are not the owners of the goods but is acting only as an agent or broker for the loading of another party's goods, he will probably be anxious to ensure that his liability for the cargo ceases once it is loaded. This is usually expressed in a Cesser Clause stating that "...charterer's liability will cease on shipment of cargo and payment of freight, deadfreight and demurrage", i.e. sums incurred at the loading port.
The shipowner, however, will not want to find himself without a remedy for any breach of contract or damage done to his vessel after the charterer's liability has ceased, and will want legal recourse against another party, who will usually be the receiver of the goods. Therefore, if a Cesser Clause is incorporated in the charter party, a Lien Clause will also be included giving the owners the right to retain possession of the goods at the discharge port until outstanding debts are paid.