Model Format of Charter Agreement

Model Format of Charter Agreement

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Model Format of Charter Agreement
Model Format of Charter Agreement

This charter agreement made this date, ______________________, made between ___________________, Owner and ________________, Charterer. Owner charters the vessel named ___________, with registration number, ___________, subject to the following terms and agreements:

CONDITION ON DELIVERY

The vessel is ___ years old and is valued at Rs. ____________ (_________________________________________&___/100 Rupees), of length overall of __ feet, beam of __ feet, mean draft of ___ feet, with accommodations for __ people. The vessel is equipped with all safety equipment required by Indian Coast Guard for such vessel; the vessel was overhauled and inspected by _______________ on ______, and at that time was found or made to be found seaworthy, and otherwise in good condition. Acceptance or use of the vessel by the charterer will be deemed to be an acknowledgment that the vessel is seaworthy, in good condition, and fit for charterer’s purposes….

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