Exhibit 4.97
1. Shipbroker N/A | BIMCO STANDARD BAREBOAT CHARTER CODE NAME: "BARECON 2001" | BIMCO PART I |
2. Place and date 4 May 2018 | ||
3. Owners/Place of business (Cl. 1) Hai Kuo Shipping 1625 Limited / Marshall Islands | 4. Bareboat Charterer/Place of Business (Cl. 1) Meltemi Owners Inc. / Marshall Islands | |
5. Vessel's name, call sign and flag (Cl. 1 and 3) Name: Morandi Call Sign: 9HA4545 Flag: Marshall Islands (for ownership registration) and Malta (for bareboat charter registration) (subject to Rider Clause 44) | ||
6. Type of Vessel Bulk Carrier | 7. GT/NT 107162/68519 | |
8. When/Where built 2013 Qingdao Yangfan Shipyard, People's Republic of China | 9. Total DWT (abt.) in metric tons on summer freeboard 205123 | |
10. Classification Society (Cl. 3) ABS (Americas) AB or any other classification society notified by the Charterers to the Owners which is a member of the International Association of Classification Societies with the Owners' prior written consent. | 11. Date of last special survey by the Vessel's classification society N/A | |
12. Further particulars of Vessel (also indicate minimum number of months' validity of class certificates agreed acc. to Cl. 3) N/A | ||
13. Port or Place of delivery (Cl. 3) See Rider Clause 33 | 14. Time for delivery (Cl. 4) See Rider Clause 33 | 15. Cancelling date (Cl. 5) N/A |
16. Port or Place of redelivery (Cl. 15) See Rider Clause 59.1 | 17. No. of months' validity of trading and class certificates upon redelivery (Cl. 15) See Rider Clause 59.1 | |
18. Running days' notice if other than stated in Cl. 4 N/A | 19. Frequency of dry-docking (Cl. 10(g)) As required by the Classification Society or the Flag State | |
20. Trading Limits (Cl. 6) World Wide, always within International Navigating Conditions and not to (i) any zone after it has been declared a war zone by the Vessel's war risk insurer or (ii) any jurisdiction subject to Sanctions. | ||
21. Charter period (Cl. 2) See Rider Clause 36.1 | 22. Charter hire (Cl. 11) See Rider Clauses 37 and 38 | |
23. New class and other safety requirements (state percentage of Vessel's insurance value acc. to Box 29)(Cl. 10(a)(ii)) N/A | ||
24. Rate of interest payable acc. to Cl. 11(f) and, if applicable, acc. to PART IV N/A | 25. Currency and method of payment (Cl. 11) See Rider Clause 38 |
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
"BARECON 2001" STANDARD BAREBOAT CHARTER
PART I
26. Place of payment; also state beneficiary and bank account (Cl. 11) See Rider Clause 38 | 27. Bank guarantee/bond (sum and place)(Cl. 24)(optional) Guarantee (as defined in Rider Clause 32.1) |
28. Mortgage(s), if any (state whether 12(a) or (b) applies; if 12(b) applies state date of Financial Instrument and name of Mortgagee(s)/Place of business)(Cl. 12) See Rider Clause 42 | 29. Insurance (hull and machinery and war risks)(state value acc. to Cl. 13(f) or, if applicable, acc. to Cl. 14(k))(also state if Cl. 14 applies) See Rider Clause 49 Clause 14 does not apply |
30. Additional insurance cover, if any, for Owners' account limited to (Cl. 13(b) or, if applicable, Cl. 14(g)) N/A | 31. Additional insurance cover, if any, for Charterers' account limited to (Cl. 13(b) or, if applicable, Cl. 14(g)) See Rider Clause 49 |
32. Latent defects (only to be filled in if period other than stated in Cl. 3) N/A | 33. Brokerage commission and to whom payable (Cl. 27) N/A |
34. Grace period (state number of clear banking dates)(Cl. 28) See Rider Clause 54 | 35. Dispute Resolution (state 30(a), 30(b) or 30(c); if 30(c) agreed Place of Arbitration must be stated (Cl. 30) (c) See Rider Clause 62 |
36. War cancellation (indicate countries agreed)(Cl. 26(f)) N/A | |
37. Newbuilding Vessel (indicate with "yes" or "no" whether PART III applies)(optional) No | 38. Name and place of Builders (only to be filled in if PART III applies) N/A |
39. Vessel's Yard Building No. (only to be filled in if PART III applies) N/A | 40. Date of Building Contract (only to be filled in if PART III applies) N/A |
41. Liquidated damages and costs shall accrue to (state party acc. to Cl. 1) a) N/A b) N/A c) N/A | |
42. Hire/Purchase agreement (indicate with "yes" or "no" whether PART IV applies)(optional) No | 43. Bareboat Charter Registry (indicate "yes" or "no" whether PART V applies)(optional) See Rider Clause 44 Part V does not apply |
44. Flag and Country of the Bareboat Charter Registry (only to be filled in if PART V applies) See Rider Clause 44 | 45. Country of the Underlying Registry (only to be filled in if PART V applies) See Rider Clause 44 |
46. Number of additional clauses covering special provisions, if agreed 32-62; Schedules 1-5 | |
PREAMBLE - It is mutually agreed that this Contract shall be performed subject to the conditions contained in this Charter which shall Include PART I and PART II. In the event of a conflict of conditions, the provisions of PART I shall prevail over those of PART II to the extent of such conflict but no further. It Is further mutually agreed that PART III and/or PART IV and/or PART V shall only apply and only form part of this Charter If expressly agreed and stated in Boxes 37, 42 and 43. If PART III and/or PART IV and/or PART V apply, it is further agreed that in the event of a conflict of conditions, the provisions of PART l and PART II shall prevail over those of PART III and/or PART IV and/or PART V to the extent of such conflict but no further. | |
Signature (Owners) Hai Kuo Shipping 1625 Limited Name & Title: /s/ Lee Kwok Chun Lee Kwok Chun Attorney-in-fact | Signature (Charterers) Maltemi Owners Inc. Name & Title: /s/ Savvas Tournis Savvas Tournis Attorney-in-fact |
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
1. | Definitions (see Rider Clause 32) |
2. | Charter Period |
In consideration of the hire detailed in Box 22, the Owners have agreed to let and the Charterers have agreed to hire the Vessel for the period stated in Box 21 ("The Charter Period").
3. | Delivery (also see Rider Clause 33) |
(not applicable when Part III applies, as indicated in Box 37)
The vessel shall be delivered by the Owners and taken over by the Charterers at the port or place indicated in Box 13. in such ready safe berth as the Charterers may direct.
(c) The delivery of the Vessel by the Owners and the taking over of the Vessel by the Charterers shall constitute a full performance by the Owners of all the Owners' obligations under this Clause 3, and thereafter the Charterers shall not be entitled to make or assert any claim against the Owners on account of any conditions, representations or warranties expressed or implied with respect to the Vessel. but the Owners shall be liable for the cost of but not the time for repairs or renewals occasioned by the latent defects in the Vessel, her machinery or appurtenances, existing at the time of delivery under this Charter, provided such defects have manifested themselves within twelve (12) months after delivery unless otherwise provided in Box 32.
4. | Time for Delivery (See Rider Clause 33) |
(not applicable when Part III applies, as indicated in Box 37)
5. | Cancelling |
(not applicable when Part III applies, as indicated in Box 37)
6. | Trading Restrictions |
The Vessel shall be employed in lawful trades for the carriage of suitable lawful merchandise within the trading limits indicated in Box 20.
The Charterers undertake not to employ the Vessel or suffer the Vessel to be employed otherwise than in conformity with the terms of the contracts of insurance (including any warranties expressed or implied therein) without first obtaining the consent of the insurers to such employment and complying with such requirements as the extra premium which shall be at the Charterer's expense or otherwise as the insurers may prescribe.
The Charterers also undertake not to employ the Vessel or suffer her employment in any trade or business which is forbidden by the law of any country to which the Vessel may sail or is otherwise illicit or in carrying illicit or prohibited goods or in any manner whatsoever which may render her liable to condemnation, destruction, seizure or confiscation.
Notwithstanding any other provisions contained in this Charter it is agreed that nuclear fuels or radioactive products or waste are specifically excluded from the cargo permitted to be loaded or carried under this Charter. This exclusion does not apply to radio-isotopes used or intended to be used for any industrial, commercial, agricultural, medical or scientific purposes provided the Owners' prior approval has been obtained to loading thereof.
7. | Surveys on Delivery and Redelivery |
8. | Inspection (see Rider Clause 48.10) |
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
9. | Inventories, Oil and Stores |
A complete inventory of the Vessel's entire equipment, outfit including spare parts, appliances and of all consumables stores on board the Vessel shall be made by the Charterers in conjunction with the Owners on delivery and again on redelivery of the Vessel. The Charterers and the Owners, respectively, shall at the time of delivery and provide for, and the Owners shall at the time of redelivery take over (free of charge) and pay for all bunkers, lubricating oil, unbreached provisions, paints, ropes and other consumable stores (excluding, at the time of delivery, spare parts) in the said Vessel without extra cost to the Owners at the then current market prices at the ports of delivery and redelivery, respectively. The Charterers shall ensure that all spare part listed in the inventory and used during the Charter Period are replaced at their expense prior to redelivery of the Vessel.
10. | Maintenance and Operation |
(a)(i)Maintenance and Repairs - During the Charter Period the Vessel shall be in the full possession and at the absolute disposal for all purposes of the Charterers and under their complete control in every respect. The Charterers shall maintain the Vessel, her machinery, boilers, appurtenances and spare parts in a good state of repair, in efficient operating condition, in safe and seaworthy condition, and in accordance with good commercial maintenance practice and, except as provided for in Clause 14(l), if applicable, at their own expense they shall at all times keep the Vessel's Class fully up to date with the Classification Society indicated in Box 10 and maintain all other necessary certificates in force at all times, in each case free of recommendations or conditions of Class that are overdue. The Charterers shall at all times comply with the rules and regulations of the Classification Society, and if any recommendation is made by the Classification Society, such recommendation shall be addressed within the time period specified by the Classification Society.
(ii) | New Class and Other Safety Requirements - In the event of any improvement, structural changes or new equipment becoming necessary for the continued operation of the Vessel by reason of new class requirements or by compulsory legislation then the time and costs for compliance shall be for the sole account of the Charterers. |
(iii) | Financial Security - The Charterers shall maintain financial security or responsibility in respect of third party liabilities as required by any government, including federal, state or municipal or other division or authority thereof, to enable the Vessel, without penalty or charge, lawfully to enter, remain at, or leave any port, place, territorial or contiguous waters of any country, state or municipality in performance of this Charter without any delay. This obligation shall apply whether or not such government or division or authority thereof. |
The Charterers shall make and maintain all arrangements by bond or otherwise as may be necessary to satisfy such requirements and the Charterers' sole expense and the Charterers shall indemnify the Owners against all consequences whatsoever (including loss of time) for any failure or inability to do so.
(b) Operation of the Vessel - The Charterers shall at their own expense and by their own procurement man, victual, navigate, operate, supply, fuel and, whenever required, repair the Vessel during the Charter Period and they shall pay all charges and expenses of every kind and nature whatsoever incidental to their use and operation of the vessel under this Charter, including annual Flag State fees and any foreign general municipality and/or state taxes. The Master, officers and his crew of the Vessel shall be the servants of the Charterers for all purposes whatsoever, even if for any reason appointed by the Owners.
Charterers shall comply with the regulations regarding officers and crew in force in the country of the Vessel's flag or any other applicable law.
(c) The Charterers shall keep the owners and the mortgagee(s) advised of the intended employment, planned dry docking and major repairs of the Vessel, as reasonably required.
(d) Flag and Name of Vessel - During the Charter Period, so long as no Termination Event has occurred and is continuing, the Charterers shall have the liberty to paint the Vessel in their own colours, install and display their funnel insignia and fly their own house flag. The Charterers also have the liberty, with the Owners' consent, which shall not be unreasonably withheld, to change the flag and/or the name of the Vessel during the Charter Period which shall be subject to the terms of Rider Clause 44. Painting and re-painting, instalment and re-instalment, registration and re-registration, if required by the Owners, shall be at the Charterers' expense and time.
(e) Changes to the Vessel - Subject to clause 10(a)(ii), (see Rider Clauses 48.6 and 48.7) the Charterers shall make no structural changes in the Vessel or changes in the machinery, boilers, appurtenances or spare parts thereof without the instance first securing the Owners' approval thereof (which approval shall not be unreasonably withheld if the proposed structural change will not adversely affect the value of the Vessel). If the Owners so agree, the Charterers shall, if the Owners so require, restore the Vessel to its former condition before the termination of this Charter.
(f) Use of the Vessel's Outfit, Equipment and Appliances – The Charterers shall have the use of all outfit, equipment, and appliances on board the Vessel at the time of delivery, provided the same or their substantially equivalent shall be returned to the Owners on redelivery in the same good order and condition as when received, ordinary wear and tear expected. The Charterers shall from time to time during the Charter Period replace such items of equipment as shall be so damaged or worn as to be unfit for use. The Charterers are to procure that all repairs to or replacement of any damaged, worn or lost parts or equipment be effected in such manner (both as regards workmanship and quality of materials) as not to diminish the value of the Vessel. The Charterers have the right to fit additional equipment at their expense and risk but the Charterers shall remove such equipment at the end of the period if requested by the Owners. Any equipment including radio
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
equipment on hire on the Vessel at time of delivery shall be kept and maintained by the Charters and the Charterers shall assume the obligations and liabilities of the Owners under any lease contracts in connection therewith and shall reimburse indemnify the Owners for all expenses incurred in connection therewith, also for any new equipment required in order to comply with radio regulations.
(g) Periodical Dry-Docking – The Charters shall dry-dock the Vessel and clean and paint her underwater parts whenever the same may be necessary, but not less than once during the period stated in Box 19 or, if Box 19 has been left blank, every sixty (60) calendar months after delivery or such other period as may be required by the Classification Society or Flag State.
11. | Hire (see also Rider Clauses 37 and 38) |
(c) Payments of hire shall be made in cash without discount in the currency and in the manner indicated in Box 25 and at the place mentioned in Box 26.
12. | Mortgage (see Rider Clause 42) |
(only to apply if Box 28 has been appropriately filled in)
*) | (Optional, Clauses 12(a) and 12(b) are alternatives; indicate alternative agreed in Box 28) |
13. | Insurance and Repairs (see Rider Clause 49) |
(a) During the Charter Period the Vessel shall be kept insured by the Charterers at their expense against hull and machinery, war and Protection and Indemnity risks (and any risks against which it is compulsory to insure for the operation of the Vessel, including maintaining financial security in accordance with sub clause 10(a)(iii)) in such form as the Owners shall in writing approve, which approval shall not be unreasonably withheld. Such insurances shall be arranged by the Charterers to protect the interests of both the Owners and the Charterers and the mortgagee(s) (if any), and The Charterers shall be at liberty to protect under such insurances the interests of any managers they may appoint. Insurance policies shall cover the Owners and the Charterers according to their respective interests. Subject to the provisions of the Financial Instrument, if any, and the approval of the Owners and the insurers, the Charterers shall effect all insured repairs and shall undertake settlement and reimbursement from the insurers of all costs in connection with such repairs as well as insured charges, expenses and liabilities to the extent of coverage under the insurances herein provided for.
The Charterers shall also to remain responsible for and to effect repairs and settlement of costs and expenses incurred thereby in respect of all other repairs not covered by the insurances and/or not exceeding any possible franchise(s) or deductibles provided for in the insurance.
All time used for repairs under the provisions of sub-clause 13(a) and for repairs of latent defects according to Clause 3(c) above, including any deviation, shall be the Charterers' account. Charterers shall be entitled to insure the Vessel for Charterers Interest Insurance which will be limited to Total Loss or constructive Total Loss of the Vessel including any excess liabilities, provided such insurance cover does not contradict with the disbursement warranty, loss payable or other similar clauses under the primary hull insurances.
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
14. | Insurance, Repairs and Classification |
15. | Redelivery (see Rider Clause 59) |
16. | Non-Lien |
The Charterers will not suffer, nor permit to be continued, any lien or encumbrance incurred by them or their agents, which might have priority over the title and interest of the Owners in the Vessel. The Charterers further agree to fasten to the Vessel in a conspicuous place and to keep so fastened during the Charter Period a notice reading as follows:
"This Vessel is the property of (name of Owners). It is under charter to (name of Charterers) and by the terms of the Charter Party neither the Charterers nor the Master have any right, power or authority to create, incur or permit to be imposed on the Vessel any lien whatsoever."
17. | Indemnity (see Rider Clause 41) |
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
18. | Lien |
The Owners to have a lien upon all cargoes, sub-hires and sub-freights belonging or due to the Charterers or any sub-charterers and any Bill of Lading freight for all claims under this Charter., and the Charterers to have a lien on the Vessel for all moneys paid in advance and not earned.
19. | Salvage |
All salvage and towage performed by the Vessel shall be for the Charterers' benefit and the cost of repairing damage occasioned thereby shall be borne by the Charterers.
20. | Wreck Removal |
In the event of the Vessel becoming a wreck or obstruction to navigation the Charterers shall indemnify the Owners against any sums whatsoever which the Owners shall become liable to pay and shall pay in consequence of the Vessel becoming a wreck or obstruction to navigation.
21. | General Average |
The Owners shall not contribute to General Average.
22. | Assignment, Sub-Charter and Sale (see Rider Clause 57) |
23. | Contracts of Carriage |
*) | (a) The Charterers are to procure that all documents issued during the Charter Period evidencing the terms and conditions agreed in respect of carnage of goods shall contain a paramount clause incorporating any legislation relating to carrier's liability for cargo compulsorily applicable in the trade; if no such legislation exists, the documents shall incorporate the Hague-Visby Rules. The documents shall also contain the New Jason Clause and the Both-to-Blame Collision Clause. |
*) | Delete as applicable. |
24. | Bank Guarantee |
(Optional, only to apply if Box 27 filled in)
25. | Requisition/Acquisition |
(a) In the event of the Requisition for Hire of the Vessel by any governmental or other competent authority (hereinafter referred to as "Requisition for Hire") irrespective of the date during the Charter Period when "Requisition for Hire" may occur and irrespective of the length thereof and whether or not it be for an indefinite or a limited period of time, and irrespective of whether it may or will remain in force for the remainder of the Charter Period, this Charter shall not be deemed thereby or thereupon to be frustrated or otherwise terminated and the Charterers shall continue to pay the stipulated hire in the manner provided by this Charter until the time when the Charter would have terminated pursuant to any of the provisions hereof always provided however that in the event of "Requisition for Hire" any Requisition Hire or compensation received or receivable by the Owners shall be payable to the Charterers during the remainder of the Charter Period or the period of the "Requisition for Hire" whichever be the shorter.
26. | War |
(a) For the purpose of this Clause, the words "War Risks" shall include any war (whether actual or threatened), act of war, civil war, hostilities, revolution, rebellion, civil commotion, warlike operations, the laying of mines (whether actual or reported), acts of piracy, acts of terrorists, acts of hostility or malicious damage, blockades (whether imposed against all vessels or imposed selectively against vessels of certain flags or ownership, or against certain cargoes or crews or otherwise howsoever), by any person, body, terrorist or political group, or the Government of any state whatsoever, which may be dangerous or are likely to be or to become dangerous to the Vessel, her cargo, crew or other persons on board the Vessel.
(b) The Vessel, unless the Charterers have arranged for War Risks insurance in respect of the Vessel (and the same has been assigned to the Owners or at their discretion) the written consent of the Owners be first obtained, shall not continue to or go through any port, place, area or zone (whether of land or sea), or any waterway or canal, where it reasonably appears that the Vessel, her cargo, crew or other persons on board the Vessel, in the reasonable judgement of the Owners, may be, or are likely to be, exposed to War Risks. Should the Vessel be within any such place as aforesaid, which only becomes dangerous, or is likely to be or to become dangerous, after her
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
entry into it, the Owners shall have the right to require the Vessel to leave such area.
(bb) In the event of hostilities in any part of the world (whether war is declared or not), the Charterers shall not cause or permit the Vessel to enter or trade to any zone which is declared a war zone by any Government or by the Vessels war risks insurers until the prior written notice to war risks insurer has been given and the Charterers have obtained the consent of the insurers to such employment and comply with such requirements as to extra premium or otherwise as the insurers may prescribe or have effected any special, additional or modified insurance cover which the Owners may require.
(c) The Vessel shall not load contraband cargo, or to pass through any blockade, whether such blockade be imposed on all vessels, or is imposed selectively in any way whatsoever against vessels of certain flags or ownership, or against certain cargoes or crews or otherwise howsoever, or to proceed to an area where she shall be subject, or is likely to be subject to a belligerent's right of search and/or confiscation.
(e) The Charterers shall have the liberty:
(i) | to comply with all orders, directions, recommendations or advice as to departure, arrival, routes, sailing in convoy, ports of call, stoppages, destinations, discharge of cargo, delivery, or in any other way whatsoever, which are given by the Government of the Nation under whose flag the Vessel sails, or any other Government, body or group whatsoever acting with the power to compel compliance with their orders or directions; |
(ii) | to comply with the orders, directions or recommendations of any war risks underwriters who have the authority to give the same under the terms of the war risks insurance; |
(iii) | to comply with the terms of any resolution of the Security Council of the United Nations, any directives of the European Community, the effective orders of any other Supranational body which has the right to issue and give the same, and with national laws aimed at enforcing the same to which the Owners are subject, and to obey the orders and directions of those who are charged with their enforcement. |
(f) In the event of outbreak of war (whether there be a declaration of war or not) (i) between any two or more of the following countries: the United States of America; Russia; the United Kingdom; France; and the People's Republic of China, (ii) between any two or more of the countries stated in Box 36, both the Owners and the Charterers shall have the right to cancel this Charter, whereupon the Charterers shall redeliver the Vessel to the Owners in accordance with Clause 15, if the Vessel has cargo on board after discharge thereof at destination, or if debarred under this Clause from reaching or entering it at a near, open and safe port as directed by the Owners, or if the Vessel has no cargo on board, at the port at which the Vessel then is or if at sea at a near, open and safe port as directed by the Owners. In all cases hire shall continue to be paid in accordance with Clause 11 and except as aforesaid all other provisions of this Charter shall apply. until redelivery.
27. | Commission |
28. | Termination (see also Rider Clause 54) |
(2) Clause 13(a) |
(c) Loss of Vessel (see Rider Clause 50)
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
(e) The termination of this Charter shall be without prejudice to all rights accrued due between the parties prior to the date of termination and to any claim that either party might have.
29. | Repossession (see Rider Clause 55) |
30. | Dispute Resolution (see Rider Clause 62) |
*) Sub-clauses 30(a), 30(b) and 30(c) are alternatives;
indicate alternative agreed in Box 35.
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
PART II
"BARECON 2001" Standard Bareboat Charter
31. | Notices (see Rider Clause 60) |
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
"BARECON 2001" Standard Bareboat Charter
OPTIONAL PART |
PART III
PROVISIONS TO APPLY FOR NEWBUILDING VESSELS ONLY
(Optional, only to apply if expressly agreed and stated in Box 37)
PROVISIONS TO APPLY FOR NEWBUILDING VESSELS ONLY
(Optional, only to apply if expressly agreed and stated in Box 37)
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
"BARECON 2001" Standard Bareboat Charter
OPTIONAL PART |
PART IV
HIRE/PURCHASE AGREEMENT
(Optional, only to apply if expressly agreed and stated in Box 42)
HIRE/PURCHASE AGREEMENT
(Optional, only to apply if expressly agreed and stated in Box 42)
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.
"BARECON 2001" Standard Bareboat Charter
OPTIONAL PART |
PART V
PROVISIONS TO APPLY FOR VESSELS REGISTERED IN BAREBOAT CHARTER REGISTRY
(Optional, only to apply if expressly agreed and stated in Box 43)
PROVISIONS TO APPLY FOR VESSELS REGISTERED IN BAREBOAT CHARTER REGISTRY
(Optional, only to apply if expressly agreed and stated in Box 43)
This document is computer generate BARECON 2001 form printed by authority of BIMCO. Any insertion or deletion to the form must be clearly visible. In the event of any modification made to the pre-printed text of this document which is not clearly visible, the text of the original BIMCO approved document shall apply. BIMCO assumes no responsibility for any loss, damage or expense as a result of discrepancies between the original BIMCO approved document and this computer generated document.