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Chartering business procedures

by:CNS     2021-07-11
Chartering business procedures 2021-06-20 16:03:28 Chartering business is carried out through the chartering market. The owner of the ship is the supplier of the ship in the chartering market, and the charterer is the demander of the ship in the chartering market. Almost all international chartering operations are carried out through chartering brokers. The chartering procedure is the same as the commodity transaction in international trade. It mainly includes five links: inquiry, offer, counter-offer, acceptance and signing of charter contract. 1) Inquiry. Inquiry refers to the practice of charterers or shipowners (usually charterers) who negotiate charter terms directly or through charter brokers in the chartering market to request for chartering or contracting of goods. Inquiries are sent to the chartering market mainly in the form of telex or telegram. The function of the inquiry is to let the other party know the general situation of the offer, and the content is simple and concise. 2) Offer. An offer means that during the chartering process, the shipowner or charterer (usually the shipowner makes an offer first) quotes according to the actual situation, usually based on a chartering contract template, and rents out the variable items in it. The offer is based on whether it has additional conditions and is divided into real and false. A firm offer means that the conditions in the offer cannot be changed, and it is valid only if it is accepted within a valid time, otherwise it is invalid; a virtual offer is a conditional offer, this kind of offer The validity of the order must meet certain conditions as the premise, such as the premise that the ship is not chartered, the cargo is not booked, and the ship is reconfirmed. 3) Counter-offer. While accepting part of the conditions in the offer from the other party, it is a counter-offer to put forward the condition that one does not agree with. Counter-offers can also be divided into false and real ones. For real counter-offers, you must reply on time. 4) Accept. After the shipowner and charterer have repeatedly made counter offers, the two parties agree on the main terms of the contract, that is, all the contents of the last firm offer are accepted by both parties within the time limit, even if the deal is concluded. According to the usual international practice, after accepting the lease, both parties should sign a 'Booking Confirmation'. 5) Sign a charter party. The formal charter party is actually compiled after the terms of the contract are accepted by both parties. The charter confirmation signed by both parties is essentially a simple charter contract for both parties to perform. If the confirmation is inconsistent with the formal contract, the validity of the formal contract signed by both the owner and the charterer is higher. In the booking confirmation. This article is from 862 reprinted please keep
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