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CARIBBEAN MARITIME UNIVERSITY ACADEMIC VICERRECTORY THE HIGHEST STUDIES SCHOOL OF THE MERCHANT MARINE SUBJECT: MARINE TRANSPORT MASTER MARINERS & CHIEF.

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Presentation on theme: "CARIBBEAN MARITIME UNIVERSITY ACADEMIC VICERRECTORY THE HIGHEST STUDIES SCHOOL OF THE MERCHANT MARINE SUBJECT: MARINE TRANSPORT MASTER MARINERS & CHIEF."— Presentation transcript:

1 CARIBBEAN MARITIME UNIVERSITY ACADEMIC VICERRECTORY THE HIGHEST STUDIES SCHOOL OF THE MERCHANT MARINE SUBJECT: MARINE TRANSPORT MASTER MARINERS & CHIEF MARINE ENGINEERS The Four Types of Contract Master Mariners Officers: Jean Franco Acosta Alberto Bastidas Ivan Fonseca Francisco Hernandez Jorge Medina CARACAS, DECEMBER 3TH OF 2014

2 Types of contract 1.Contract of Affreightment (COA) 2.Time Charter Party 3.Voyage Charter Party 4.Bareboat or Demise Charter Party

3 1.Contract of Affreightment (COA) Contract of Affreightment (COA) Bills of Lading Charter parties Straight Bill Sea- Waybill Multimodal / Combined Bill House Bill Liner Bill TYPE VOLCOA Bulk Dry Cargoes INTERCOA (Intertanko Adopted by BIMCO) Time Charter party Demise / Bareboat Charter party Voyage Charter party ESPECIALLY FOUND TO CARGOS LIKE THAT OF COAL. ESPECIALLY FOUND TO CARGOS LIKE THAT OF COAL. ESPECIALLY FOUND TO CARGOS LIKE OF STONES ESPECIALLY FOUND TO CARGOS LIKE OF STONES ESPECIALLY FOUND TO CARGOS LIKE OF METALLURGICAL MATERIALS ESPECIALLY FOUND TO CARGOS LIKE OF METALLURGICAL MATERIALS

4 TIME CHARTER Vessel Hired Delivery Specific amount time Crew Nautical Operation Maintenance SHIPOWNER CHARTERER Bunker Port Charges Pilotage Sub-Chapter the vessel on a time charter or voyages charter basis Singles voyages & Multiboyas 2. Time Charter Party Master & C/E Sub contract with third parties

5 3. Voyage Charter Party COST “LOADING & DISCHARGED OPERATION” Single Voyage FIO FREE IN/OUT FIOS / FREE IN – OUT STOWAGE FIOST / FREE IN & OUT STOWAGE AND TRIMMED FILO / FREE IN LINER OUT LIFO / LINE IN FREE OUT BUNKER EXTRA INSURANCES TAXES BUNKER EXTRA INSURANCES TAXES Supply Supply Master Master FIO FREE IN/OUT FIOS / FREE IN – OUT STOWAGE FIOST / FREE IN & OUT STOWAGE AND TRIMMED FILO / FREE IN LINER OUT LIFO / LINE IN FREE OUT Consecutive Voyage Charges relating cargo

6 4. BareBoat Charter Party OWNER CHARTER OWNER CHARTER Hires the vessel to a charter for a price during a period of time Lease the vessel under another financial or Technical Responsibility Is not active in the operation of the vessel Paid crew, supplies, fuel, customs, duties Responsable for all maintenance & most suitable for tankers and bulk carriers Gets the hire of the vessel with or without purchasing option become himself in a maritime operator


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