The international and European associations ICOMIA and EBI, along with the German VDC and the insurance broker YACHT-POOL, have developed a charter framework agreement aimed at balancing the interests of customers and fleet operators. It’s not an easy...Charter Framework Agreement • October 11th, 2024
In the chartering scene, contracts between fleet operators and end customers have been a challenging topic for years. Each operator seemed to be doing their own thing; some terms and conditions (AGB) were just a short DIN A4 page long, while others stretched to eight pages in tiny print. Many contracts from charter companies piled excessive obligations onto the skipper, while significantly limiting their own liability.
CHARTER FRAMEWORK AGREEMENT by and among DOUBLE HULL TANKERS, INC., AND OSG INTERNATIONAL, INC. AND EACH OF THE CHARTERERS NAMED HEREINCharter Framework Agreement • October 6th, 2005 • Double Hull Tankers, Inc. • Deep sea foreign transportation of freight • New York
THIS CHARTER FRAMEWORK AGREEMENT is entered into as of October 6, 2005 by and among Double Hull Tankers, Inc., a Marshall Islands corporation (the “Company”), OSG International, Inc. (“OIN”), and each of the owners (the “Owners”) and the charterers (the “Charterers”) named on Schedule A hereto. The Company, the Owners, OIN and the Charterers are collectively referred to herein as the “Parties.”
