2 decades agoComment at
What is ballast bonus ? is ballast bonus only in voyage or time charterer or both ? exception clauses ? A ballast bonus is a time charter concept and it refers to a lumpsum payment 'sometimes' made to a shipowner (by the charterer) as compensation for delivering a ship in a loading region of the ...
2 decades agoComment at
What is himalaya clause ? "No servant or agent or independent contractor from time to time employed by the carrier shall be liable to the owner of the goods for any loss or damage resulting from any act or negligence on ...
2 decades agoComment at
What is inchmaree clause ? A standard clause in maritime insurance contracts covering risk of events not directly linked to perils at sea such as, but not necessarily limited to, loading accidents.Named after a ship called ...