Vessel Agreements

These provisions concern the various circumstances that require the buyer for the dry dock or the inspection of divers, who bears the costs of these inspections, which may be based on the results of the inspection, as well as insurance and compensation related to claims during the dry dock. The clauses may also include the buyer`s right to inspect the stern well or other components of the ship during the dry dock. The clauses on the time and place of delivery should have consequences if the ship is not delivered in a timely manner or if there is a right of cancellation or liability for damage. I would be happy to have more information about this: 1. Is VSA the same as Slot Charter? What are the financial arrangements between the different companies operating under a VSA? 3.