INTERTANKO Vetting Clauses – A Practical Guide

Published Date

August 2006


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INTERTANKO Vetting Clauses – A Practical Guide

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This is a consolidated reference guide on vetting clauses. It comprehensively illustrates the legal, operational and commercial implications of the various clauses, offering sound practical advice. It aims to make the reader aware of the alternatives that exist and to understand the responsibilities and risks involved in the drafting and acceptance of a Vetting Clause, as well as the benefits that can be derived from a clause that meets specific requirements.

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This booklet also provides guidance on warranty clauses with particular regard to:

• Hardship clause if it is not possible to appoint an inspector or an inspection is not possible

• Reasonable time frames to allow the inspection to take place

• Suitable non-fulfilment elements to be included to protect the charterer.

 

This guide aims to make the reader aware of the alternatives that exist and to understand the responsibilities and risks involved in the drafting and acceptance of a Vetting Clause, as well as the benefits that can be derived from a clause that meets specific requirements.

Foreword

Part I – General guidance on vetting clauses

Part II – Comments on various vetting clauses

Part III – Check list for vetting clauses

Part IV – Other related INTERTANKO publications

INTERTANKO is a forum where the industry meets, policies are discussed and best practice developed. It is a valuable source of first-hand information, opinions and guidance. INTERTANKO stands for safe transport, cleaner seas and free competition.

Title: INTERTANKO Vetting Clauses – A Practical Guide
Edition: First
Number of Pages: 26
Product Code: WS1028K
Published Date: August 2006
Binding Format: Paperback
Book Height: 300 mm
Book Width: 210 mm
Weight: 0.15 kg
Author: Intertanko

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