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Commentary on SHELLVOY 6

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Commentary on SHELLVOY 6

INTERTANKO’s Commentary on Shellvoy 6 (2005 updated form of tanker voyage charterparty). The 14 pages booklet is confined to the material new amendments not previously circulating in the market and focuses on Parts I and II of the new form.

On 16 March 2005 Shell launched Shellvoy 6, its updated form of tanker voyage charterparty. Shell’s stated intention is to include in the new form all current amendments issued since 1987 and to “clarify standard interpretations and practice”. Shell issued the new form together with an explanatory note and its standard template for recaps (both charter in and charter out) and accompanying notes as well as a note to brokers. The new charterparty form comprises three parts. Parts I and II form the main body of the form and Part III contains clauses for specific countries.

 

INTERTANKO’s Commentary on Shellvoy 6 is not comprehensive as it is confined to the material new amendments not previously circulating in the market and focuses on Parts I and II of the new form. It should be read in conjunction with INTERTANKO’s commentary on the SHELLVOY 5, which is published in A Guide to Tanker Charters, which remains relevant to many of the clauses in SHELLVOY 6. 

 

Part I

(A)(I) Description of Vessel 7

(B) Position/Readiness 7

(F) Cargo Description 7

(M) Worldscale 7


PART II

1. Condition of the Vessel 8

2. Cleaning of Tanks 8

3. Voyage 8

6. Claims, dues and other charges 9

9. Shifting 9

10. Charterer’s failure to give orders 9

11. Laydays/Termination 9

13. Notice of Readiness/Running Time 10

14. Supervision of Time 10

15. Demurrage 10

16./17. Vessel Inspection/Cargo Inspection 10

19. Inert gas 10

20. Crude Oil Washing 10

26. Charterer’s Orders/Change of Orders/Part Cargo Transhipment 10

28. ETA 11

30. Subletting/Assignment 11

31. Liberty 11

33. Bills of Lading 11

36. General Average 12

37. Clause Paramount 12

38. Back Loading 12

39. Bunkers 12

41. Oil Response Pollution and Insurance 12

52. Business Principles 12

54. Arbitration (b) 12


Order form: Tanker Bills of Lading and A Guide to Tanker Charters 13

Appendix 14