3.      Critically interpret and evaluate the procedures relating to charter party drafting and the wording of main clauses of charter parties;

4.      Critically evaluate the necessary changes of charter party clauses in order to protect the interests of the owner / charterer;

Assessment instructions:

·         The deadline of the coursework is “8 December 2020 at 14.00 pm”.

·         The coursework is an individual report of 2000 – 2500 words.

·         The assignment must be submitted via i–learn, along with the report of the Turnitin software.

·         Harvard referencing system must be applied.

Feedback will be provided to all students in a constructive, timely and meaningful way. The modes of feedback include:

·         On line discussion of the assignment in progress.

·         Individual consultations via comments on a first draft of the assignment and finally,

·         Comments on the submitted assignment.

These forms of feedback ensure that you as a student have an understanding of the assessment criteria.  Furthermore, you will be able to realise how your learning can benefit from reflecting and acting upon class and individual feedback given.

WARNING

The work submitted must be your own work. The use of any other person’s work without appropriate referencing constitutes plagiarism and is an assessment offence. Plymouth University regards plagiarism as a serious academic offence and deals with it accordingly.

“You are provided a charter party. You are required to discuss the following clauses and wording with any possible restrictions, requirements, exceptions and interpret and justify their use and application and suggest any amendments to secure the interest of the shipowner:

1.       Is the charter party a voyage or a timecharter? Refer to the relevant clause(s) and analyse the differences between voyage and time charterparties. (10%)

2.       What is the duration of the charterparty? Critically discuss the conditions of the vessel’s calling ports during the charterparty. (30%)

3.       Critically discuss the hire clause and all relevant clause(s) that affect the revenue of the shipowner, including off – hire clause(s) and tax clauses. Suggest any possible amendments, in order to secure a better agreement for the charterer. (30%)

4.       Critically discuss the relevant delivery and redelivery clauses. Suggest any possible amendments, in order to secure a better agreement for the charterer. (30%)

·         Do not forget to refer to the relevant number of each clause.

·         Support with arguments your amendments.

Grading Scheme

INDIVIDUAL COURSEWORK

Instructor: Mr. I. Karaoulanis

EVALUATION FORM AND ASSESSMENT CRITERIA

GBCA512 Chartering

INDIVIDUAL COURSEWORK

Instructor: Mr. I. Karaoulanis