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ShellTime 4
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ShellLNGTime 1
Corresponding section, changes/additions
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Clause 1
Description and Condition of Vessel
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Clause 1
Description and Condition of Vessel
Additional provision: "if she is fifteen years old or over she shall obtain and maintain a LNG Condition Assessment Programme ("CAP") of not less than two (2);"
Altered wording in provision 1 (c): "she shall be in every way fit to load, carry discharge and measure Liquefied Natural Gas ("LNG")
Altered wording in provision 1 (e): "her tanks, valves and pipelines shall be liquid and gas tight;"
Altered wording in provision 1 (f) (i): "at sea, fuel oil in any proportion with LNG Boil-Off for main propulsion and…"
Additional provision 1 (g): "she shall have her cargo measuring equipment and instrumentation calibrated and certified, and this shall be verified (if required by Charterers) by the relevant inspectorate at each load port;"
Additional provision 1(h): "she shall have her insulation spaces prepared as per her containment system design conditions;"
Additional wording in provision 1 (i): "she shall comply with the regulations in force so as to enable her, if her size permits, to pass through the Suez Canal and Panama Canal…"
Additional sentence in provision 1 (j): "she shall have on board all certificates, documents and equipment required from time to time by any applicable law to enable her to perform the charter service without delay. For the avoidance of doubt this will include, but will not be limited to, the Vessel''s Certificate of Financial Responsibility;"
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Clause 2
Shipboard Personnel and their Duties
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Clause 2
Shipboard Personnel and their Duties
Altered/Additional wording in provision 2 (a) (vi): "the nationality of the Vessel''s officers given in the Shell LNG Form B referred to in Clause 1 (k) will not change without Charterers'' prior agreement which shall not be unreasonably witheld.
Additional provision 2 (c): "Owners shall at all times have responsibility for the proper stowage of the cargo and shall keep a strict account of all cargo loaded, Boil-Off, and cargo discharged."
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Clause 3
Duty to Maintain
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Clause 3
Duty to Maintain
Materially equivalent
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Clause 4
Period Trading Limits
"Charterer may order the vessel to ice-bound waters or to any part of the worls outside such limits…"
Deletion of wording in provision 4 (c): "…Subject as above, the vessel shall be loaded and discharged at any places as the Charterers may direct, provided that Charterers shall exercise duel diligence to ensure that any ship-to-ship transfer operations shall conform to standards not less than those set out in the latest published edition of the ICS/OCIMF Ship-to-Ship Transfer Guide."
Deletion of provision 4 (d): "Unless otherwise agreed, the vessel shall be delivered by Owners dropping outward pilot at a port in [**] at Charterers'' option."
Deletion of provision 4 (e): "The vessel will deliver with last cargo(es) of and [**] will redeliver with last cargo(es) of [**]."
Provision 4 (f) moved to Clause 7 ShellLNGTime: "Owners are required to give Charterers [**] days prior notice of delivery and Charterers are required to give Owners [**] days prior notice of redelivery."
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Clause 4
Period Trading Limits
Altered wording of provision 4 (a): "Charterer may order the Vessel beyond such limits…"
Additional sentence of provision 4 (b): "Any time during which the Vessel is off-hire under this charter may be added to the Charter period in Charterer''s option up to the total amount of time spent off-hire…Charterers shall exercise this option no later than [**] days before the date in which the charter would otherwise terminate. Any period of off-hire occuring after the time and date on which Charteers have declared their opiton may be added to the charter period as long as Charterers have declared that they will be so added within [**] days of the end of the relevant period of off-hire."
Additional provision 4 (d): Owners warrant that the Vessel is compatible with the LNG Terminals listed in Appendix A for berthing, unberthing, loading and discharging LNG cargo without modification to the Vessel. In the event that such modification to the Vessel becomes necessary as a result of changes in international regulations or standards and/or are required by the Vessel''s Classification Society or Flag State, the cost of such modification shall be for the Owners'' account, and the Vessel shall be off-hire for the time required to effect such modifications unless this can be achieved without affecting the performance of the Vessel under this charter.
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Clause 5
Laydays Cancelling
"The vessel shall not be delivered to Charterers before [**] and Charterers shall have the option of cancelling this charter if the vessel is not ready and at their disposal on or before [**]."
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Clause 7
Delivery, Redelivery, Laydays and Cancelling
Altered/additional wording: "Owners shall deliver the Vessel to Charterers at the pilot boarding station inbound/outbound* at [**]. Unless otherwise agreed, the Vessel shall not be delivered to Charterers before [**] hrs local time [**] but must be delivered to Charterers no later than [**] hrs local time [**]. Charterers shall have the option of cancelling this charter if the Vessel is not ready and at their disposal during this period. Charterers shall redeliver the Vessel to Owners at the pilot boarding station inbound/outbound* at [**] unless otherwise mutually agreed. Owners are required to give Charterers [**] days prior notice of delivery and Charterers are required to give Owners [**] days prior notice of redelivery."
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Clause 6
Owners to Provide
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Clause 8
Owners to Provide
Identical
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Clause 7
Charterers to Provide
(b) "In respect of bunkers consumed for Owners purposes these will be charged on each occasion by Charterers on a first-in-first-out basis valued on the prices actually paid by Charterers."
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Clause 9
Charterers to Provide
Additional wording in provision 9 (a): "Charterers shall provide and pay for all fuel (which includes fuel consumed for the production of nitrogen and all Boil-Off gas, which in accordance with Charterers instructions is to be used as fuel) which must be supplied from a bunker supplier who applies the standards required by a first class operator…"
Altered wording in provision 9 (b): "In respect of bunkers consumed for Owners purposes these will be charged on each occasion by Charterers at the Fuel Price."
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Clause 8
Rate of Hire
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Clause 10
Rate of Hire
Identical
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Clause 9
Payment of Hire
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Clause 11
Payment of Hire
Identical
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Clause 10
Space Available to Charterers
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Clause 12
Space Available to Charterers
Identical
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Clause 11
Segregated Ballast
"In connection with the Council of the European Union Regulation on the Implementation of IMO Resolution A747(18) Owners will ensure that the following entry is made on the International Tonnage Certificate (1969) under the section headed "remarks":
"The segregated ballast tanks comply with the Regulation 13 of Annex 1 of the International Convention for the prevention of pollution from ships, 1973, as modified by the Protocol of 1978 relating thereto, and the total tonnage of such tanks exclusively used for the carriage of segregated water ballast is [**]. The reduced gross tonnage which should be used for the calculation of tonnage based fees is [**].""
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No corresponding clause
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Clause 12
Instructions And Logs
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Clause 13
Instructions and Logs
Identical
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Clause 13
Bills of Lading
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Clause 14
Bills of Lading
Identical
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Clause 14
Conduct Vessel''s Personnel
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Clause 15
Conduct of Vessel''s Personnel
Identical
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Clause 15
Bunkers at Delivery and Redelivery
"Charterers shall accept and pay for all bunkers on board at the time of delivery, and Owners shall on redelivery (whether it occurs at the end of the charter period or on the earlier termination of this charter) accept and pay for all bunkers remaining on board, at the price actually paid, on a first-in-first-out basis. Such prices are to be supported by paid invoices."
"Notwithstanding anything contained in this charter all bunkers on board the Vessel shall, throughout the duration of this charter, remain the property of Charterers and can only be purchased on the terms specified in the charter at the end of the charter period or, if earlier, at the termination of the charter."
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Clause 5
Bunkers and LNG Heel at Delivery and Redelivery
Altered/Additional wording in Clause 5: "Charterers shall accept and pay for all bunkers (which shall include fuel oil, diesel oil and gas oil) and LNG Heel on board at the time of delivery, and Owners shall on redelivery (whether it occurs at the end of the charter or on the earlier termination of this charter) accept and pay for all bunkers and LNG Heel remaining on board, valued respectively at the Fuel Price and the LNG Price.
The Vessel shall be delivered to Charterers with its cargo tanks containing not less than [**] m3 LNG Heel and in a ready to load condition / natural gas vapour / in a Gas Free condition.*
The Vessel shall be redelivered to Owners with its cargo tanks containing not less than [**] m3 LNG Heel / natural gas vapour / in a Gas Free condition.*
The Vessel shall be delivered to Charterers with not less than: [**] tonnes of fuel oil; and [**] tonnes of diesel oil.
The Vessel shall be redelivered to Owners with not less than: [**] tonnes of fuel oil; and [**] tonnes of diesel oil.
Throughout the charter the Vessel shall operate with at least a quantity of bunkers or fuel Oil Equivalent, as defined in Clause 50, on board sufficient to prosecute safely each voyage. The above amount shall be in addition to a safety reserve of fuel oil, which would enable the Vessel to steam at maximum speed for a total of three days."
Notwithstanding anything contained in this charter all bunkers and LNG Heel on board the Vessel shall, throughout the duration of this charter, remain the property of Charterers or their nominee and can only be purchased on the terms specified in the charter at the end of the charter period or, if earlier, at the termination of the charter.
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Clause 16
Stevedores, Pilots, Tugs
Deletion of wording regarding stevedores in Clause 17 ShellLNGTime: "Stevedores when required shall be employed and paid by Charterers, but this shall not relieve Owners from responsibility at all times for proper stowage, which must be controlled by the master who shall keep a strict account of all cargo loaded and discharged. Owners hereby indemnify Charterers, their servants and agents against all losses, claims, responsibilities and liabilities arising in any way whatsoever from the employment of pilots, tugboats or stevedores, who although employed by Charterers shall be deemed to be the servants of and in the service of Owners and under their instructions (even if such pilots, tugboat personnel or stevedores are in fact the servants of Charterers their agents or any affiliated company); provided, however, that
(a) the foregoing indemnity shall not exceed the amount to which Owners would have been entitled to limit their liability if they had themselves employed such pilots, tugboats or stevedores, and;
(b) Charterers shall be liable for any damage to the vessel caused by or arising out of the use of stevedores, fair wear and tear excepted, to the extent that Owners are unable by the exercise of due diligence to obtain redress therefor form stevedores."
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Clause 17
Pilots and Tugs
"Owners hereby indemnify Chaterers, their servants and agents against all losses, claims responsibilities and liabilities arising in any way whatsoever from the employment of pilots or tugboats, who although employed by Charterers shall be deemed to be the servants of and in the service of Owners and under their instructions (even if such pilots or tugboat personnel are in fact the servants of Chaterers their agents or any affiliated company); provided, however, that the foregoing indemnity shall not exceed the amount to which Owners would have been entitled to limit their liability if they had themselves employed such pilots or tugboats."
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Clause 17
Supernumeraries
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Clause 18
Supernumeraries
Identical
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Clause 18
Sub-letting/ Assignment/Novation
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Clause 19
Sub-letting/Assignment/Novation
Materially equivalent
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Clause 19
Final Voyage
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Clause 20
Final Voyage
Additional wording in 19 (b): "…Charterers may deduct amounts due or reasonably expected to become due for…bunkers and LNG Heel…"
Additional wording in second paragraph: "Promptly, and in any event not later than [**] days after redelivery any overpayment shall be refunded…"
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Clause 20
Loss of Vessel
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Clause 21
Loss of Vessel
Identical
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Clause 21
Off-hire
"(b) If the vessel fails to proceed at any guaranteed speed pursuant to Clause 24, and such failure arises wholly or partly from any of the causes set out in Clause 21(a) above, then the period for which the vessel shall be off-hire under this Clause 21 shall be the difference between
(i) the time the vessel would have required to perform the relevant service at such guaranteed speed, and
(ii) the time actually taken to perform such service (including any loss of time arising from interruption in the performance of such service).
For the avoidance of doubt, all time included under (ii) above shall be excluded from any computation under Clause 24."
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Clause 22
Off-hire
Additional wording (Off-hire situations) in 22(a): "…(vi) due to pre-docking and repair and repair procedure including warming, gas freeing and inerting; or
(vii) due to scheduled drydocking and maintenance, maintaining, overhauling, repairing or dry docking the Vessel and submitting her for survey; waiting for any of the aforesaid purposes; or
(viii) due to post-docking or repair procedure including inerting, gassing and cooling in excess of that undertaken for normal loading; or
(ix) due to any other circumstances where the Vessel is off-hire under this charter.
Altered wording in 22(b): "…If the Vessel fails to proceed at any Guaranteed Speed (as defined in Appendix C Article 2 (a) (iv)) pursuant to Clause 26 and Appendix C, and such failure arises wholly or partly from any of the causes set out in Clause 22(a) above, then the following provisions shall apply:
(i) if the Vessel is unable to maintain a speed of at least 85% of the Guaranteed Speed under Clause 26 in wind and sea state not exceeding Beaufort force 5, Charterers shall have the option to place the Vessel off-hire but any distance made good by the Vessel whilst off-hire shall be taken into account in accordance with Clause 22(a)
(ii) except where Charterers have placed the Vessel off-hire pursuant to Clause 22(b)(i), failure of the Vessel to proceed at any Guaranteed Speed shall be dealt with under Clause 26 and Appendix C and the Vessel will not be off-hire under Clause 22.
(c), (d), (e) and (f) are identical
Additional provisions 22 (g) and (h): "…(g) (i) If as a consequence of any cause or purpose mentioned in this Clause 22 or in Clause 16 (c), the Vessel presents for loading with tank temperatures other than that which would otherwise allow bulk loading to commence within 1/2 (half) an hour after cooling of the loading arms, any time lost as a consequence thereof, including without limitation any time lost in additional cooling of tanks prior to loading shall count as off-hire and the cost of any LNG supplied for such additional cooling shall be paid for by Owners at the LNG Price.
(ii) If any LNG is lost as Boil-off during periods of off-hire, Owners shall reimburse Charterers for the LNG lost at the LNG Price.
Where accurate measurement of LNG lost as Boil-off during any such off-hire period is impossible for whatever reason, the LNG lost as Boil-off shall be assumed to have been occurred at a constant rate equal to that obtained by measurements between official gaugings of the cargo in question in accordance with Appendix C Article 8 (b). Where, due to the off-hire occurring during a ballast passage, all LNG Heel is lost as Boil-off prior to the Vessel next commencing to load, such Boil-off shall be deemed to have occurred at a constant rate equal to that which occurred during the Vessel''s last previous ballast voyage.
(h) In the event that the Vessel is off-hire for any reason other than in connection with periodical drydocking pursuant to Clause 24 for any period in excess [**] consecutive days or exceeding [**] days in any period of [**] days, Charterers shall have the option to terminate this charter by giving notice in writing with effect from any date stated in such notice provided that the Vessel is free of cargo (other than LNG Heel) at the time when such notice becomes effective. This Clause 22 (h) is without prejudice to any other rights or obligations of Owners or Charterers under this charter. For the purposes of this Clause 22 (h) in the event of partial loss of service, the period of off-hire shall be the total period during which the Vessel is not fully efficient rather than the resulting loss of time."
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Clause 22
Periodical Drydocking
"Owners shall put the vessel in drydock at their expense as soon as practible after Charterers place the vessel at Owners'' disposal clear of cargo other than tank washings and residues."
Deletion of 22 (a) third paragraph in ShellLNGTime: "Owners shall be responsible for and pay for the disposal into reception facilities of such tank washings and residues and shall have the right to retain any monies received therefor, without prejudice to any claim for loss of cargo under any bill of lading or this charter."
Deletion of provision 22 (d) in ShellLNGTime: "Charterers shall, insofar as cleaning for periodical drydocking may have reduced the amount of tank-cleaning necessary to meet Charterers'' requirements, credit Owners with the value of any bunkers which Charterers calculate to have been saved thereby, whether the vessel drydocks at an offered or a special port."
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Clause 24
Periodical Drydocking
Altered wording in 24 (a) second paragraph: "Owners shall put the Vessel in drydock at their expense as soon as practicable after Charterers place the Vessel at Owners'' disposal clear of cargo other than natural gas vapour.
Additional provision 24 (c): "Any natural gas vapour lost in gas freeing for the purpose of drydocking shall be for Charterers'' account provided that during the last discharge prior to drydocking Owners shall use their reasonable endeavours to pump out the maximum amount of cargo."
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Clause 23
Ship Inspection
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Clause 25
Ship inspection
Additional provisions 24 (c), (d) and (e) regulating Owners obligations to afford Charterers'' co-operation and accommodation on board in connection to ship inspection: "…(c) that any cost incurred by such inspection shall be for Charterers account provided such costs have been disclosed to and approved by Charterers in advance;
(d) that any inspection carried out by Charterers shall be made without interference with or hindrance to the Vessel''s safe and efficient operation, and shall be limited to a maximum of two persons; and
(e) that any overnight stays shall be subject to Clause 18."
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Clause 24
Detailed Description and Performance
"(a) Owners guarantee that the speed and consumption of the vessel shall be as follows:
Average speed in knots [**]
Maximum average bunker consumption per day:
main propulsion, Fuel oil/diesel oil tons [**]; Auxiliaries, Fuel oil/diesel oil tons [**]
Laden [**]
Ballast [**]
The foregoing bunker consumptions are for all purposes except cargo heating and tank cleaning and shall be pro-rated between the speeds shown.
The service speed of the vessel is [**] knots laden and [**] knots in ballast and in the absence of Charterers'' orders to the contrary the vessel shall proceed at the service speed. However if more than one laden and one ballast speed are shown in the table above Charterers shall have the right to order the vessel to steam at any speed within the range set out in the table (the "ordered speed").
If the vessel is ordered to proceed at any speed other than the highest speed shown in the table, and the average speed actually attained by the vessel during the currency of such order exceeds such ordered speed plus 0.5 knots (the "maximum recognized speed"), then for the purpose of calculating any increase or decrease of hire under this Clause 24 the maximum recognized speed shall be used in place of the average speed actually attained.
For the purposes of this charter the "guaranteed speed" at any time shall be the then-current ordered speed or the service speed, as the case may be.
The average speeds and bunker consumptions shall for the purposes of this Clause 24 be calculated by reference to the observed distance from pilot station to pilot station on all sea passages during each period stipulated in Clause 24(c), but excluding any time during which the vessel is (or but for Clause 22(b)(i) would be) off-hire and also excluding "Adverse Weather Period," being (i) any periods during which reduction of speed is necessary for safety in congested waters or in poor visibility (ii) any days, noon to noon, when winds exceed force 8 on the Beaufort Scale for more than 12 hours.
(b) If during any year form the date on which the vessel enters service (anniversary to anniversary) the vessel falls below or exceeds the performance guaranteed in Clause 24(a) then if such shortfall or excess results
(i) from a reduction or an increase in the average speed of the vessel, compared to the speed guaranteed in Clause 24(a), then an amount equal to the value at the hire rate of the time so lost or gained, as the case may be, shall be included in the performance calculation;
(ii) from an increase or a decrease in the total bunkers consumed, compared to the total bunkers which would have been consumed had the vessel performed as guaranteed in Clause 24(a), an amount equivalent to the value of the additional bunkers consumed or the bunkers saved, as the case may be, based on the average price paid by Charterers for the vessel''s bunkers in such period, shall be included in the performance calculation.
The results of the performance calculator for laden and ballast mileage respectively shall be adjusted to take into account the mileage steamed in each such condition during Adverse Weather Periods, by dividing such addition or deduction by the number of miles over which the performance has been calculated and multiplying by the same number of miles plus the miles steamed during the Adverse Weather Periods, in order to establish the total performance calculation for such period.
Reduction of hire under the foregoing sub-Clause (b) shall be without prejudice to any other remedy available to Charterers."
(c) Calculations under this Clause 24 shall be made for the yearly periods terminating on each successive anniversary of the date on which the vessel enters service, and for the period between the last such anniversary and the date of termination of this charter if less than a year. Claims in respect of reduction of hire arising under this Clause during the final year or part year of the charter period shall in the first instance be settled in accordance with Charterers'' estimate made two months before the end of the charter period. Any necessary adjustment after this charter terminates shall be made by payment by Owners to Charterers or by Charterers to Owners as the case may require.
(d) Owners and Charterers agree that this Clause 24 is assessed on the basis that Owners are not entitled to additional hire for performance in excess of the speeds and consumptions given in this Clause 24."
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Clause 26
Key Vessel Performance Criteria
[Appendix C includes detailed provisions in respect of Speed Warranties, Timeliness, Guaranteed Daily Fuel Consumption, Definitions for Fuel Consumption, Basis of Calculation for Fuel Consumption, Actual Fuel Consumption on a Voyage, Guaranteed Maximum Boil Off, Boil Off Calculations, Spray Cooling, Forced Vaporisation and use of Boil-Off, Provisions for Gauging]
"Subject to Appendix C, Owners guarantee that:
(a) the Laden Service Speed shall be [**] knots;
(b) the Ballast Service Speed shall be [**] knots;
(c) the Minimum Speed shall be [**] knots;
(d) the vessel shall be capable of loading and discharging the cargo as follows:
(i) a full cargo may be loaded within [**] hours if the Vessel''s cargo tanks are colder than the tank design temperature for commencement of loading, excluding the time for connecting; disconnecting; cooling down; topping up and custody transfer measurement, and provided that the loading terminal is capable of pumping at least [**] cubic meters of LNG per hour to the Vessel at not less than [**] bar (gauge) pressure at the flange connection between ship and terminal utilising a minimum of two liquid loading arms, and provided that the terminal is capable of receiving all return vapour from the Vessel that may be generated when loading the Vessel at the above specified flow rate of LNG;
(ii) a full cargo may be charged within [**] hours, excluding the time for connecting; disconnecting; cooling down; starting up pumps; ramping up; ramping down for stripping at end of discharge and custody transfer measurement, and providing that the discharge terminal is capable of receiving LNG at a rate of at least [**] cubic meters of LNG per hour with a back pressure at the flange connection between ship and terminal not exceeding [**] metres of liquid LNG of specific gravity of 0.47 utilising a minimum of two liquid unloading arms. The terminal must also be capable of providing sufficient return vapour to the Vessel compensate for the displacement of the LNG being discharged from the Vessel;
(e) the Vessel''s guaranteed maximum fuel consumption shall be:
(tonnes of Fuel Oil Equivalent/day)
Average Speed (Knots) [**], Laden [**], Ballast [**].
(f) the Fuel Oil Equivalent factor shall be [**] metric tonne fuel oil equals one (1) cubic meter of LNG;
(g) the maximum laden Boil-Off shall be [**] percent per day of the Cargo Capacity on fully laden sea passages (or pro rated by the ratio of volumetric cargo loaded to cargo capacity if all tanks are not used);
(h) the maximum ballast Boil-Off shall be [**] percent per day of the cargo capacity where the previous sea passage was fully laden (or pro rated by the ratio of the number of tanks previously used to the total number of cargo tanks if all tanks were not utilised for the carriage of cargo on the previous laden passage)."
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Clause 25
Salvage
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Clause 27
Salvage
Identical
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Clause 26
Lien
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Clause 28
Lien
Identical
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Clause 27
Exceptions
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Clause 29
Exceptions
Additional wording in provision 29 (d): "…In particular and without limitation, the foregoing subsections (a), (b) and (c) of this Clause shall not apply to or in any way affect any provision in this charter relating to off-hire or to reduction of hire or Boil-Off or bunkers consumed during periods of off-hire."
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Clause 28
Injuries Cargoes
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Clause 30
Injurious Cargoes
Identical
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Clause 29
Grade of Bunkers
"Charterers shall supply fuel oil with a maximum viscosity of [**] centistokes at 50 degrees centigrade and/or marine diesel oil for main propulsion and fuel oil with a maximum viscosity of [**]centistokes at 50 degrees centigrade and /or diesel oil for the auxiliaries. If Owners require the vessel to be supplied with more expensive bunkers they shall be liable for the extra cost thereof."
Charterers warrant that all bunkers provided by them in accordance herewith shall be of a quality complying ISO Standard 8217 for Marine Residual Fuels and Marine Distillate Fuels as applicable.
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Clause 6
Grade of Bunkers
Altered/Additional wording: Charterers shall supply fuel oil whose properties comply with those set out in ISO standard 8217 for RMH45 and diesel oil whose properties comply with the standard for DMA. If Owners require the Vessel to be supplied with more expensive bunkers they shall be liable for the extra cost thereof.
Should Charterers trade the Vessel into a Sulphur Emissions Control Area ("SECA") as defined in Annex VI of the International Convention for the Prevention Of Pollution from Ships ("MARPOL"), then the Charterers shall supply low sulphur fuel oil of a quality which will satisfy the SECA requirements, sufficient for the Vessel''s need while in the restricted area, and the Owners shall provide segregated storage for this fuel oil.
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Clause 30
Disbursements
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Clause 31
Disbursements
Identical although a cap of $25,000 has been added in respect of Owners entitlement to request advances for ordinary disbursements.
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Clause 31
Laying-up
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Clause 32
Laying-up
Additional wording: "Charterers shall have the option, after consultation with Owners, of requiring Owners to lay up the Vessel at a safe place nominated by Charterers, taking into account questions of maintenance access and security and with Owners consent and always subject to Clause 4, in which case the hire provided for under this charter shall be adjusted to reflect any net increases in expenditure reasonably incurred or any net saving which should reasonably be made by Owners as a result of such lay up..
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Clause 32
Requisition
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Clause 33
Requisition
Identical
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Clause 33
Outbreak of War
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Clause 34
Outbreak of War
Additional wording: "If war hostilities break out between any two or more of the following countries: …and the country that the Vessel is Registered in, then both Owners and Charterers shall have the right to cancel this charter provided that such war or hostilities materially and adversely affect the trading of thee Vessel for a period of at least [**] days."
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Clause 34
Additional War Expenses
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Clause 35
Additional War Expenses
Identical
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Clause 35
War Risks
Charterers shall procure that all Bills of Lading issued under this charter shall contain the Chamber of Shipping War Risks Clause 1952.
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Clause 36
War Risks
In addition to the war risks stated in ShellTime 4, ShellLNGTime 1 36(a) explicitly includes also "acts of piracy, acts of terrorist, acts of hostility or malicious damage."
Altered wording in 36 (c) last paragraph: "Charterer shall procure that all Bills of Lading issued under this charter shall contain provisions equivalent to this Clause 36."
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Clause 36
Both to Blame Collision Clause
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Clause 37
Both to Blame Collision Clause
Identical
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Clause 37
New Jason Clause
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Clause 38
New Jason Clause
Identical
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Clause 38
Clause Paramount
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Clause 39
Clause Paramount
Identical
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Clause 39
Insurance/ITOPF
"(d) have in full force and effect, Hull and Machinery insurance placed through reputable brokers on Institute Time Clauses or equivalent for the value of United States Dollars [**] as from time to time may be amended with Charterers approval, which shall not be unreasonably withheld."
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Clause 40
Insurance/ITOPF
Altered wording of provision 40 (d): "…have in full force and effect Hull and Machinery insurance placed through reputable brokers on Institute Time Clauses to a value as would be procured by a first class operator of similar such vessels."
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Clause 40
Export Restrictions
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Clause 41
Export Restrictions
Identical
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Clause 41
Business Principles
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Clause 42
Business Principles
Identical
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Clause 42
Drugs and Alcohol
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Clause 43
Drugs and Alcohol
Materially equivalent
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Clause 43
Oil Major Acceptability
"If, at any time during the charter period, the vessel becomes unacceptable to any Oil Major, Charterers shall have the right to terminate the charter."
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No corresponding clause
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Clause 44
Pollution and Emergency Response
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Clause 44
Polution and Emergency Response
Materially equivalent
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Clause 45
ISPS Code/US MTSA 2002
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Clause 45
ISPS Code/USMTSA 2002
Identical
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Clause 46
Law and Litigation
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Clause 46
Law and Litigation
Identical
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Clause 47
Confidentiality
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Clause 47
Confidentiality
Identical
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Clause 48
Construction
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Clause 48
Construction
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