Common use of Protective Clause Clause in Contracts

Protective Clause. The Charterers have the option to load a maximum of one cargo BHP HBI ex Port Hedland, whether it be full or part cargo of HBI (hot briquetted iron) per annum, if exercised the following conditions apply:

Appears in 5 contracts

Sources: Time Charter (Genco Shipping & Trading LTD), Time Charter (Genco Shipping & Trading LTD), Time Charter (Genco Shipping & Trading LTD)