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Bunker & Oil Vessel

Bunker vessel charters involve specialized ships designed to supply fuel, such as LNG or conventional bunker fuels, to other vessels at sea or in ports. Here are some key details about bunker vessel charters:
- Time Charter
- Voyage Charter

Bunker vessel charters involve specialized ships designed to supply fuel, such as LNG or conventional bunker fuels, to other vessels at sea or in ports. Here are some key details about bunker vessel charters:

Types of Charters
+ Time Charter: In a time charter, the charterer hires the vessel for a specific period. This type of charter is common for bunker vessels, as it allows charterers to manage fuel supply operations over time. BIMCO provides clauses for time charters, including those related to LNG bunkering, which cover operational requirements and compatibility with bunkering facilities.

+ Voyage Charter: Voyage charters involve hiring a vessel for a single voyage. For bunker vessels, this might be less common but could be used for specific fuel delivery missions. The BIMCO Bunker Supply and Payment Clause for Voyage Charters outlines terms for bunker supply and payment, including competitive pricing and payment deductions from freight.

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