Vessel trading in high risk areas. In the event that the Vessel is to trade in a high risk area and in particular an area where piracy is prevalent, the Managers shall:
Appears in 3 contracts
Samples: Management Agreement (United Maritime Corp), Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.
Vessel trading in high risk areas. In the event that the Vessel is to trade in a high risk area and in particular an area where piracy is prevalent, the Owners and the Managers shallshall co-operate in order to:
Appears in 2 contracts
Samples: Management Agreement (Scorpio Tankers Inc.), Master Agreement (Scorpio Bulkers Inc.)