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RISK MANAGEMENT
in carriage by sea




Nikolay Melnykov
Arthur Nitsevych
Case 1




Кто виноват и что делать?
Port of loading
 Pto.Bolivar,
   Ecuador

      B/L
Clean on board
Port of discharging
Ilyichevsk, Ukraine
Charterer



Shipowner




            Consignee
Total amount of claim
      $1.600.000
Shipowner




            Lawyer
Shipowner
Cargo Insurer
Charterer



Shipowner            Cargo Insurer




            Lawyer                   Consignee
?
Demurrage…
Case 2




         Total glass…
Vessel: Bulk

       Cargo: Glass

    Port of loading:
      Izmir, Turkey

Port of discharging:
   Odessa, Ukraine

        Conditions:
              FIOS
Nice to meet
 you again,
  friends!
Charterer



Shipowner




            Consignee
FIOS!


                    Charterer



Shipowner




                    Consignee
Cargo Insurer
                 P&I Insurer



Shipowner




            Lawyer             Consignee
DAMAGE

DEDUCTIBLE
Case 3




Where is my cargo?
     (А был ли … груз?)
Vessel: Bulk

     Cargo: Wheat

Consignee: to order

     Port of loading:
 Kherson, Ukraine
                        Loading:   OK
 Port of discharging:   Demurrage: NO
      Izmir, Turkey
3-6 months later…
Where is my
 CARGO?!
Vessel: Bulk

    Cargo: Wheat

        Consignee:
  Ela&Co., Egypt

    Port of loading:
Kherson, Ukraine

Port of discharging:
Alexandria, Egypt
• Письма из портов погрузки и выгрузки
• Копия официального коносамента
• Выписка из судового журнала
• Копия чартера
• Подтверждение получения фрахта от
  фрахтователя
• Подтверждение реального
  грузополучателя о получении груза



    Lawyer
Case 4




Sudden.. sudden winter …
Please find our recap as fiollows:




       Vessel: Bulk
                       MV ************** OR FULL SISTER SHIP IN OO
                       FLAG - COMOROS
                       DWT - 12,062 MT / DWCC 11500 MT
                       BUILD 1975 / JAPAN
                       LOA - 128.77 M / LBP 120 M / BEAM - 19.60 M / DRAFT- 8.25
                       GRT - 6,997 / NRT - 4,088
                       SID / IMO FITTED / STEELFLORED / GEARLESS
                       B/C WITH TOP AND BOTTOM SIDE TANKS DECK CARGO
                       HOLDS / HATCH DIMENSIONS:                 GRAIN/BALE CAPACITY CBM
                       ==============================================




 Cargo: Steam coal
                       NO1 -24.00 MX16X9 - 20.00 X 9.75           3854/3744
                       NO2- 38.00 MX19X8,5 - 34.00 X 9.75         6331/6224
                       NO3- 24.00 MX15X8,5 - 34.00 X 9.75         3950/3873

                                                    TOTAL M.CUB 14134/13842

                       -SUB STEM TO BE LIFTED UNTIL 12:00 MOSCOW TIME 26.11.2009 AFTER FINALIZING RECAP
                       - ACCOUNT SANTOLINA CONSULTANTS INC.
                       El Dorado Building, 2^nd floor,
                       Elvira Mendez and 52^nd streets,



    Port of loading:
                       Panama, Panama
                       BNP PARIBAS (SUISSE) SA, Geneva
                       Swift, BIC BPPBCHGG; clearing 8686
                       General account 85743-9
                       USD account 85743/1V



Mariupol, Ukraine
                       IBAN CH73 0868 6001 0857 4300 1**
                       -CARGO: 10'500 MT AS MIN UPTO VSL' FCC +/-10 PCT MOLOO OF STEAM COAL
                       STW MAX 43'
                       -PERFORMING VESSEL HAS TO BE IN EVERY RESPECT SUITABLE AND READY TO
                       LOAD, CARRY AND DISCHARGE CONTRACTED CARGO; VSL IS FREE OF ANY DEBTS
                       -MARIUPOL / VARNA 1/1 GSPB AAAA BE
                       -L/C 14-18 DEC 2009
                       -0800/1400 CLS TO APPLY
                       - VSL ACCEPTED AS GEARLESS BENDS
                       -MASTER HAS RIGHT TO TENDER NOR EVEN VIA CABLE/RADIO/VHF W/W/W/W 2PM/8AM CLS BE.



           Laydays:
                       -MASTER/OWNER HAS TO SEND 4/3/2/1 NOTICES PRIOR ARRIVAL AT POL AND POD
                       -LOADING 6000 MT PWWDAYS OF 24 CONS HRS SSHINC
                       - DISCHARING 5000 MT PWWDAYS SATSHEX UU, time from Friday
                       17:00 or day preceeding legal or local holiday until Monday 08:00 or day




 December 14-18
                       after
                       -HOLIDAYS AS PER LOCAL CALENDAR
                       -FRT USD 15,00 PMT BSS FIOS
                       -FRT TO BE PAID 100 PCT LESS COMM ONLY W/I 1 BDAY AFTER S/RELEASING
                       ORIGINALS BS/L MARKED 'FRT PAYABLE AS PER C/P DATED___' , TO OWNERS
                       NOMINATED BANK ACCNT IN USD CURRENCY
                       -FULL FRT TO BE DEEMED EARNED, DANRVAOCLONL
                       -OWNERS TO CLARIFY THEMSELVES PORT RESTRICTIONS/REGULATIONS
                       -DEBALLASTING TIME IF ANY NOT TO COUNT AS LAYTIME
                       -TIME USED BEFORE L/C IF ANY NOT TO COUNT
                       -DEMM USD 6000 PDPR/FD BE




     Demurrage:
                       - DEMM IF ANY WILL BE SETTLED W/IN 7 DYS AFTER OWS PRESENTATION OF




                                                                              NOR: OK
                       SOF/NOR/TS/ETC BENDS BY FAX
                       -CHAGENT BENDS
                       -LAGENT Azov Bulker
                       Contact tel. 380 952 902 665




  USD 6000 PDPR
                       e-mail: tsbalker@email.com.ua
                       Contact person: Dmitriy Svechkaryov
                       - DAGENT ARGO MARITIME AGENCY
                       14, Alexander Malinov Str. Office 6, 2nd floor 9000 Varna, Bulgaria
                       Tel.+359 52/ 606177, 606178
                       Fax:+359 52/ 664800
                       Mobile:+359 887 243449
                       -TAXES/DUES ON VSL/FLAG/CREW TO BE OWNER'S ACCNT
1. WAITING FOR TURN                        3 DAYS

2. WAITING TO GO TO FREE BIRTH             3 DAYS

                   TOTAL WAITING ON ROADS: 6 DAYS




DEMURRAGE                              $42,000
CHARTERER’S POSITION

    NO DEMURRAGE

           BECAUSE…
FORCE MAJEURE ?
      DISPUTE




   ARBITRATION 
IF THE CHARTER CONTAINS:
In case of ice condition NOR to be tendered/accepted from
edge of ice or place of forming ice-convoy but time lost for
proceeding to port not to count as laytime.

                          AND/OR

Time lost for waiting of ice-breaker assistance to be for
charterers account
HAPPYNESS!

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Nitsevych melnykov

  • 1. RISK MANAGEMENT in carriage by sea Nikolay Melnykov Arthur Nitsevych
  • 2. Case 1 Кто виноват и что делать?
  • 3. Port of loading Pto.Bolivar, Ecuador B/L Clean on board
  • 6. Total amount of claim $1.600.000
  • 7. Shipowner Lawyer
  • 9.
  • 10. Charterer Shipowner Cargo Insurer Lawyer Consignee
  • 12. Case 2 Total glass…
  • 13. Vessel: Bulk Cargo: Glass Port of loading: Izmir, Turkey Port of discharging: Odessa, Ukraine Conditions: FIOS
  • 14. Nice to meet you again, friends!
  • 15. Charterer Shipowner Consignee
  • 16.
  • 17. FIOS! Charterer Shipowner Consignee
  • 18. Cargo Insurer P&I Insurer Shipowner Lawyer Consignee
  • 20. Case 3 Where is my cargo? (А был ли … груз?)
  • 21. Vessel: Bulk Cargo: Wheat Consignee: to order Port of loading: Kherson, Ukraine Loading: OK Port of discharging: Demurrage: NO Izmir, Turkey
  • 22.
  • 24. Where is my CARGO?!
  • 25. Vessel: Bulk Cargo: Wheat Consignee: Ela&Co., Egypt Port of loading: Kherson, Ukraine Port of discharging: Alexandria, Egypt
  • 26. • Письма из портов погрузки и выгрузки • Копия официального коносамента • Выписка из судового журнала • Копия чартера • Подтверждение получения фрахта от фрахтователя • Подтверждение реального грузополучателя о получении груза Lawyer
  • 28. Please find our recap as fiollows: Vessel: Bulk MV ************** OR FULL SISTER SHIP IN OO FLAG - COMOROS DWT - 12,062 MT / DWCC 11500 MT BUILD 1975 / JAPAN LOA - 128.77 M / LBP 120 M / BEAM - 19.60 M / DRAFT- 8.25 GRT - 6,997 / NRT - 4,088 SID / IMO FITTED / STEELFLORED / GEARLESS B/C WITH TOP AND BOTTOM SIDE TANKS DECK CARGO HOLDS / HATCH DIMENSIONS: GRAIN/BALE CAPACITY CBM ============================================== Cargo: Steam coal NO1 -24.00 MX16X9 - 20.00 X 9.75 3854/3744 NO2- 38.00 MX19X8,5 - 34.00 X 9.75 6331/6224 NO3- 24.00 MX15X8,5 - 34.00 X 9.75 3950/3873 TOTAL M.CUB 14134/13842 -SUB STEM TO BE LIFTED UNTIL 12:00 MOSCOW TIME 26.11.2009 AFTER FINALIZING RECAP - ACCOUNT SANTOLINA CONSULTANTS INC. El Dorado Building, 2^nd floor, Elvira Mendez and 52^nd streets, Port of loading: Panama, Panama BNP PARIBAS (SUISSE) SA, Geneva Swift, BIC BPPBCHGG; clearing 8686 General account 85743-9 USD account 85743/1V Mariupol, Ukraine IBAN CH73 0868 6001 0857 4300 1** -CARGO: 10'500 MT AS MIN UPTO VSL' FCC +/-10 PCT MOLOO OF STEAM COAL STW MAX 43' -PERFORMING VESSEL HAS TO BE IN EVERY RESPECT SUITABLE AND READY TO LOAD, CARRY AND DISCHARGE CONTRACTED CARGO; VSL IS FREE OF ANY DEBTS -MARIUPOL / VARNA 1/1 GSPB AAAA BE -L/C 14-18 DEC 2009 -0800/1400 CLS TO APPLY - VSL ACCEPTED AS GEARLESS BENDS -MASTER HAS RIGHT TO TENDER NOR EVEN VIA CABLE/RADIO/VHF W/W/W/W 2PM/8AM CLS BE. Laydays: -MASTER/OWNER HAS TO SEND 4/3/2/1 NOTICES PRIOR ARRIVAL AT POL AND POD -LOADING 6000 MT PWWDAYS OF 24 CONS HRS SSHINC - DISCHARING 5000 MT PWWDAYS SATSHEX UU, time from Friday 17:00 or day preceeding legal or local holiday until Monday 08:00 or day December 14-18 after -HOLIDAYS AS PER LOCAL CALENDAR -FRT USD 15,00 PMT BSS FIOS -FRT TO BE PAID 100 PCT LESS COMM ONLY W/I 1 BDAY AFTER S/RELEASING ORIGINALS BS/L MARKED 'FRT PAYABLE AS PER C/P DATED___' , TO OWNERS NOMINATED BANK ACCNT IN USD CURRENCY -FULL FRT TO BE DEEMED EARNED, DANRVAOCLONL -OWNERS TO CLARIFY THEMSELVES PORT RESTRICTIONS/REGULATIONS -DEBALLASTING TIME IF ANY NOT TO COUNT AS LAYTIME -TIME USED BEFORE L/C IF ANY NOT TO COUNT -DEMM USD 6000 PDPR/FD BE Demurrage: - DEMM IF ANY WILL BE SETTLED W/IN 7 DYS AFTER OWS PRESENTATION OF NOR: OK SOF/NOR/TS/ETC BENDS BY FAX -CHAGENT BENDS -LAGENT Azov Bulker Contact tel. 380 952 902 665 USD 6000 PDPR e-mail: tsbalker@email.com.ua Contact person: Dmitriy Svechkaryov - DAGENT ARGO MARITIME AGENCY 14, Alexander Malinov Str. Office 6, 2nd floor 9000 Varna, Bulgaria Tel.+359 52/ 606177, 606178 Fax:+359 52/ 664800 Mobile:+359 887 243449 -TAXES/DUES ON VSL/FLAG/CREW TO BE OWNER'S ACCNT
  • 29.
  • 30. 1. WAITING FOR TURN 3 DAYS 2. WAITING TO GO TO FREE BIRTH 3 DAYS TOTAL WAITING ON ROADS: 6 DAYS DEMURRAGE $42,000
  • 31. CHARTERER’S POSITION NO DEMURRAGE BECAUSE…
  • 32. FORCE MAJEURE ? DISPUTE ARBITRATION 
  • 33. IF THE CHARTER CONTAINS: In case of ice condition NOR to be tendered/accepted from edge of ice or place of forming ice-convoy but time lost for proceeding to port not to count as laytime. AND/OR Time lost for waiting of ice-breaker assistance to be for charterers account