CHARTERPARTY Once a ship is built and manned, the next aim would be to put it to commercial use. The main agreements which are involved are charterparty, and ship management agreement. Charterparty is one of the most required contract in shipping business. Charterparty is nothing but a contract to rent/lease a vessel which is enteredContinue reading “From Ship Building Agreement to Ship Recycling Agreement – Part III”
SEAFARER EMPLOYMENT AGREEMENTS Seafarer is a person who is employed by the ship owner for operation of a vessel such as petty officers, deck cadets etc. A seafarer employment agreement is an employment agreement between ship owner and a seafarer. They are drafted on the basis of Collective Bargaining Agreements entered into between Ship OwnersContinue reading “From Ship Building Agreement to Ship Recycling Agreement – Part II”
When it comes to the life of a vessel, we can say it starts from an agreement of Ship Building and ends in the agreement for ship recycling. What are the essential provisions that must be included in a ship building agreement?