liability limitations to charterers
, but the international conventions
The vessel is chartered at a base rate of $7,000 per day and a ceiling of $11,000 per day, with a profit sharing arrangement of 75% for owners and 25% for charterers
to apply to any amount between the base and the ceiling and for any amount in excess of the ceiling the profit sharing arrangement will be 50% for owners and 50% for charterers
Benefits for the charterer
include a choice of nearly 5,000 vessels in more than 300 destinations worldwide, together with stories and reviews on both boats and destinations.
This book would be of value to practitioners who deal with maritime matters, Ship owners, Ship operators, Ship managers, Charterers
' agents and ships agents, Shipbrokers, Commodity traders and brokers and Arbitrators and other professionals involved in dispute resolution.
We will focus our efforts in this important market to forge relationships with Chinese LPG ship charterers
and LPG end users, Dorian Chairman, President and CEO John Hadjipateras said.
The P&I clubs are mutual insurers that cover shipowners and charterers
against third party liabilities related to the use and operation of ships.
Monitoring the pulse of the offshore and marine industry closely to assess the scale and type of OSV demand, we hope to expand our fleet to be one of the leading OSV charterers
in the region.
In addition, the Charterers
have the option to extend the charter period for an additional 11 to 14 months at a gross daily rate of $15,500.
This was mainly due to reduced time charter rates, as well as the accelerated amortization of the prepaid charter revenue for the m/v Houston, due to the earlier redelivery of the vessel by the charterers
, resulting in the unamortized balance of $3.
30, 2013, the Vessels were chartered by Koi to the Charterers
with a purchase obligation at the end of the charter period.
AMEX: MCX) (the "Company") today announced that it has received a settlement proposal from the previous charterers
of the Company's vessel La Forge (the "Charterers
") for their claim in connection with the charter party originally entered into in August 2001 (the "Charter Party").
Mr Meynis de Paulin outlines the company s ambitions, adding: We are aiming to enlarge our fleet in the coming five years, bearing in mind that PROMAR s first priority is to offer its charterers
high quality vessels.