Model Format of Charter Agreement

Model Format of Charter Agreement

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Charter Agreement
Charter Agreement 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.

Charterer has the option to have the vessel surveyed by a qualified marine surveyor prior to acceptance. If a surveyor finds the vessel not seaworthy, the charterer shall be reimbursed by the owner for all of the expenses incurred in connection with this agreement, including those of the survey….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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