CHARTER PARTIES


GENCON - Clause 1


Vessel’s Name

THE GENCON charter party only refers to the name of the ship - (box 5), the gross and the net tonnage of the ship (box 6) and the deadweight cargo carrying capacity in tons, DWCC of the ship (box 7).

In the voyage charter party the details of the ship will mainly depend on the circumstances. The type of goods which must be transported, the ports of call and the types of waters the ship will have to navigate (canals, rivers, etc.) will determine which characteristics of the ship are important during the negotiations and which characteristics must be recorded in the charter party. In the additional clauses one generally finds a clause "Vessel's description" with information on:

See also the worked-out GENCON charter party and in particular the additional clauses.

If in box 5, the name of the ship is mentioned, and then the Ship Owner is obliged to put this ship at the disposal of the Charterer and no other ship. The Ship Owner can replace the named ship by another one only in cases of Act of God that are foreseen by the law (see also Obligations of Owner).
 
Cases of Act of God could be:

Total loss can be: actual total loss and constructive total loss. For more particulars, see Marine Insurance.
In those cases, it is said that the chartering agreement is frustrated, that means that it expires automatically and therefore no longer exists (Ihre, R., Gorton, L. en Sandevärn, A., Shipbroking and Chartering Practice, London, Lloyd's of London Press, 1980, 100).
This is a typical "condition" (and not a warranty) which must be complied to. (See also Clause 10 - Cancelling Clause.)

To escape the above-mentioned obligation and risks, the charter party will generally mention that the ship can be replaced by another ship. This is usually defined as follows: 

M/S ".............." or substitute.

(See Obligations of the Owner, sub-paragraph BIMCO's substitution clause.)

It is important to specify how far the right of substitution can go.

All these considerations must be very clearly specified in the substitution clause, which generally is an additional clause.







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