Answer
- The bunker clause in a time charter party governs the supply, ownership, quality, delivery & payment of fuel
used by the vessel during the charter period
- It allocates respnsblties and risks related to the vessel’s fuel, which directl impacts vessel operation & costs.
- Key aspects of Clause are –
a.Bunkers on Delivery & Redelivery
b.Charterer’s respnsiblty for fuel supply
c.Fitness of bankers
d.Bnkrng operation & sampling
e.Bnkr quality & liability
f.Compliance with envrnmntl reg.
g.Bnkr fuel sulfur content
h.Dispute resolution.