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Tanker Chartering: Thursday 24 May - Morning

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Jaspreet Singh Brar
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47 views2 pages

Tanker Chartering: Thursday 24 May - Morning

Uploaded by

Jaspreet Singh Brar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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THURSDAY 24th MAY – MORNING

TANKER CHARTERING
Time allowed – three hours

Answer any FIVE questions – all questions carry equal marks

Please read the questions carefully before answering

1. Draw a profile and cross section of a deep-sea Oil/Chemical tanker over 30,000 dwt
(IMO - Marpol X, Y and Z categories) and provide the main details and dimensions.
Using the world map provided, describe THREE trade routes on which your vessel may
load and discharge part cargoes of animal and vegetable oils. Select TWO of these
routes and indicate what weather conditions could be anticipated for a vessel loading
in November.

2. Draft a cleaning clause which includes provision for rejection of the cargo tanks loading
Gas Oil. Explain when and why tank cleaning is necessary and give details of how it is
carried out.

3. Describe the main causes of dispute that may occur while a tanker is on time charter.
How are these disputed issues dealt with under Shelltime 4?

4. As a competitive broker, write a clean tanker report. In your opinion what will the
market do over the next six months?

5. What conditions must a tanker satisfy in order to tender a valid Notice of Readiness
(NOR)? In a tanker charter party. Name and describe five events that are frequently
excepted from laytime.

6. Answer BOTH parts of the question:


(a) What are “subjects” and why do they exist?
(b) What are the ethical trading responsibilities that exist within the tanker industry
from the position of Owners, Charterers and Brokers?

The Institute of Chartered Shipbrokers examinations May 2018


PLEASE TURN OVER

7. In your opinion why is the Worldscale system popular in the majority of tanker trades
as the method for fixing freight rates? What are the main points included in “WSHTC”?

8. Discuss the main features and clauses specific to a Contract of Affeightment. Comment
on the advantages and disadvantages for charterers and owners.

The Institute of Chartered Shipbrokers examinations May 2018

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