Ice trading. Managers will, upon the request of either the Owner or his agents, provide an assessment on the occasion the Vessel may be ordered to trade in any ice bound area as defined by IWL or by prevailing local condition, and any cost directly or indirectly incurred as a consequence of such order will be out of budget and debited to Owners as ‘contingency cost’.
Appears in 4 contracts
Samples: Management Agreement (Scorpio Tankers Inc.), Master Agreement (Scorpio Bulkers Inc.), Master Agreement (Scorpio Tankers Inc.)
