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Hi. I am a shipping company director, transport academic, author, family man and all round nice guy. I have worked as shipbroker, shipowner, freight trader and bulk charterer, in senior positions, with some of the largest and most disrespected (joke) companies in the world. Ask my advice on all things shipping and you will receive my blunt and always honest answer. Hang around to learn more about chartering and ship broker salaries, chartering and ship broker jobs, chartering and shipbroker recruitment agencies, cheap freight, maritime education, chartering and ship broker qualifications, become a ship broker, tips on how to be a successful bulk shipping executive, philosophy, Zen and the art of shipbroking, and much more. Yours The Virtual Shipbroker (recently proclaimed the guru of shipbroking) Copyright © 2009-17 by Virtualshipbroker

Monday, July 26, 2010

Self trimming bulk carrier

I should extrapolate a little further on my last posting. You see the term 'self trimming bulk carrier' is one of those terms that makes lawyers very rich but in reality does very little for the profession.

Infact there is no such vessel, recognised by class or any other official means, as a self trimming bulk carrier. This term has crept into the chartering venacular and really should only be used in association with the cargo it will carry. Any other cargo other than 'freeflowing grain cargoes' renders just about all dry bulk carriers 'non' self trimming. ie most bulk cargoes require extra trimming.

Anyway - here is my suggestion. All parties should just avoid using the term. What you are worried about at the end of the day is the 'time and cost' of extra trimming - so stick with thatt and agree a suitable clause.

Example - all time, cost, risk of extra trimming to be for owners (or charterers) account.

Cheers
VS

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