Part Cargo definition

Part Cargo means a quantity of Condensate nominated by the Shipper to be loaded on a vessel together with other Part Cargoes nominated by the Shipper or by another shipper. Part Cargoes will always have the same main Cargo Reference Number.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Part Cargo means a quantity of Crude Oil under the Contract which is loaded and transported on a Vessel together with other cargo which is bought or sold by Third Parties.

Part Cargo means a Cargo Delivered on a Vessel such that the volume of the Cargo does not substantially fill the Vessel.

Examples of Part Cargo in a sentence

• However, the minimum allowed time to the Buyer shall be twelve (12) hours for a Part Cargo.

• If a Part Cargo Minimum basis is specified in Part I (E) and Charterer exercises its option to load additional cargo, any demurrage and/or deviation shall, nevertheless, remain payable at either the aforesaid fixed dollar rate or at the aforesaid rate based on the tonnage specified in Part I (J), whichever is applicable.

• Full Cargo as defined in Part II, Clause 1 subject to the Maximum Cargo Capacity limits specified in Part I(A): ❏ Yes ❏ No or Part Cargo Minimum Metric tons with Charterer’s option to load up to Full Cargo as described in this Paragraph (E); provided Part Cargo Minimum is supplied by Charterer, no deadfreight for Charterer’s account whether option exercised or not.

More Definitions of Part Cargo

Part Cargo means when a Cargo is discharged in more than one Discharge Port or received by more than one receiver at the Discharge Port.

Part Cargo means a quantity of Special Product under the Contract which is loaded and transported on a Vessel together with other cargo which is bought or sold by Third Parties.

Part Cargo means when a Cargo is discharged in more than one Discharge Port, or received by more than one receiver at the Discharge Port.