Lecture 3

Question 1

What is the traditional distinction between nautical and commercial operations?

Answer 1

Nautical: Handled by the owner.

Commercial: Handled by the charterer (except under bareboat C/P).

Question 2

What are the owner’s primary concerns under a C/P?

Answer 2

Trading Limits, Safe Port/Berth, Cargo Handling.

Question 3

What are the charterer’s primary concerns under a C/P?

Answer 3

Speed, No Deviation, Financial Responsibilities (bunkers, etc.).

Question 4

What are Trading Limits in a C/P?

Answer 4

Geographical limits specified within the C/P, with possible exclusions (e.g., certain rivers or war zones).

Question 5

What is the ‘Safe Port/Berth’ rule?

Answer 5

A port is considered safe if the ship can reach, use, and leave it without being exposed to danger that good navigation cannot avoid.

Question 6

What is the difference between ‘Separate Laytime’ and ‘Combined Laytime’?

Answer 6

Separate: Different periods allowed for loading and discharging.

Combined: Total laytime calculated for both operations together.

Question 7

What is meant by ‘Deviation’ in a C/P?

Answer 7

Deviation is a departure from the agreed route or method of operation. Only allowed if explicitly provided by the C/P.

Question 8

What is a ‘Slow Steaming Clause’?

Answer 8

Clauses that allow vessels to reduce speed to save fuel or meet schedules.