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1、CHAPTER4 THETIMECHARTERPARTYSection1.DescriptionofvesselandcargoSection2.TheperiodofcharteranddeliveryandredeliverySection3.ThehireandpaymentofhireSection4.Off-hireclauseSection5.Otherclause⑴DefinitionAtimecharterpartyisacontractunderwhichtheshipownerprovidesa
2、designatedmannedshiptothecharterer,andthechartereremploystheshipduringthecontractualperiodfortheagreedserviceagainstpaymentofhire.Thetimecharterpartymaybeclassifiedasanagreementforhireofacertainvessel.⑵contentsAtimecharterpartymainlycontainsthenameoftheshipown
3、ers,thenameofthecharterers;thename,nationality,class,tonnage,capacity,speedandfuelconsumptionoftheship;thetradingarea;theagreedservice,thecontractualperiod,thetime,placeandconditionsofdeliveryandredeliveryoftheship;thehireandthewayofitspaymentandotherrelevantm
4、atters.(3)FormsByfarthelargestnumberoftimechartersarefixedonthebasisoftheNewYorkProduceExchange(NYPE)charterpartyform.ForconveniencewewillexaminetheelementsofatimecharterpartybasedontheNYPEform46/93(TheNewYorkProduceExchangeTimeCharter-Revised14September1993)t
5、oprovidesomeideasofthenormalclausesrequiredinatimecharterparty.Section1. DescriptionofVesselandCargoThetimecharterpartydiffersfromthevoyagecharterpartywhichisratheranagreementforcarriageofacertaincargo,withacertainvesselandcertainports.Insteadofmentioningacert
6、aincargo,thetimecharterparty,mostlyingeneralterms,statesthetypeofcargothetimecharterersareallowedtocarrywiththeship.1.DescriptionofthevesselGenerally,thedescriptionofthevesselismoreimportantinthetimecharterpartythaninthevoyagecharterpartyandthedescriptionisals
7、omostlymoredetailedandprecise.Alldetailsabouttheshipsuchasname,flag,classification,portofregistry,deadweight,capacity,construction,speed,fuelconsumption,nationality,tonnageetc.mustbeknownbythecharterersduringthenegotiationwiththeshipowners.Charterersshouldform
8、anopinionaboutthecommercialvalueofthevesselanditisthereforeimportantforthemthattheyhavecorrectandsufficientinformationabouther.1.1NameoftheshipThereseemstobenodirectEnglishauthorit
