Common use of Shipping Services Provided Clause in Contracts

Shipping Services Provided. Seller shall be the sole and exclusive face to the market for the provision of Shipping Services in relation to the Supply of Oil and Feedstock under this Agreement. Such Shipping Services shall include: (i) the provision of shipping market availability and price information to Buyer; (ii) the negotiation and execution of all shipping agreements including lightering services into the Delaware River,; (iii) shipping operational services including managing logistics in relation to each Cargo from the Loading Terminal to the Supply Port, liaising with terminals, ship owners, and appointing Independent Inspectors for quality and quantity testing and certification; (iv) quality control and loss control services including overseeing independent inspection services and providing reasonable technical support and advice in relation to any Oil quality claims and any recovery actions against ship owners; (v) any vetting requirements including all Vessels used; and loadports as required by Seller’s vetting policy. Buyer acknowledges that Seller shall not be obliged to use Vessels, service providers or call at loadports which are not in compliance with Seller’s vetting policy.