Common use of Technical Management Clause in Contracts

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors surveyors, service engineers, and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement Arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3). (vi) supervisions of vessels under construction at the specific request of the Owners and after approval by the Owner of the relevant budget submitted by the Managers.

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide subject to Clause 28, technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and of the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners Owners, provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society;. (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3)5.

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code (see sub-clauses 4.2 and 5.3). (vi) arrangement of periodic analysis of bunker fuel, lubricating oils and chemicals by third parties (the costs being included in the Vessels running/operating costs).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification societySociety; (iii) arrangement of the supply of necessary victualling, stores, spares spares, and lubricating oiloil and services for the Vessel; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code and an ISPS (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3)5.

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management management, which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions:; (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification societySociety; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management management, which includes, but is not limited to, the following functions: : (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; ; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners Owners, provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; . (iii) arrangement of the supply of necessary stores, spares and lubricating oil; ; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; ; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3)5.

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification societySociety; (iii) arrangement of the supply of necessary victualling, stores, spares spares, and lubricating oiloil and services for the Vessel; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code and an ISPS (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification societySociety; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement Arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3); (vi) supervisions of vessels under construction at the specific request of the Owners and after approval by the Owner of the relevant budget submitted by the Managers.

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code (see sub-clauses 4.2 and 5.3). (vi) arrangement of periodic analysis of bunker fuel, lubricating oils and chemicals by third parties (the costs being included in the Vessel’s running/operating costs).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management management, which includes, but is not limited to, the following functions: : (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; ; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners Owners, provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; ; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; ; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; ; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-clauses 4.2 and 5.3)5.

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions: (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification society; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code and system security in accordance with ISPS Code (see sub-clauses 4.2 and 5.3). (vi) arrangement of periodic analysis of bunker fuel, lubricating oils and chemicals by third parties (the costs being included in the Vossels running /operating costs).

Technical Management. (only applicable if agreed according to Box 6) The Managers shall provide technical management which includes, but is not limited to, the following functions:; (i) provision of competent personnel to supervise the maintenance and general efficiency of the Vessel; (ii) arrangement and supervision of dry dockings, repairs, alterations and the upkeep of the Vessel to the standards required by the Owners provided that the Managers shall be entitled to incur the necessary expenditure to ensure that the Vessel will comply with the law of the flag of the Vessel and of the places where she trades, and all requirements and recommendations of the classification societySociety; (iii) arrangement of the supply of necessary stores, spares and lubricating oil; (iv) appointment of surveyors and technical consultants as the Managers may consider from time to time to be necessary; (v) development, implementation and maintenance of a Safety Management System (SMS) in accordance with the ISM Code (see sub-sub clauses 4.2 and 5.3).