A back-to-back charter party

Charterers fix a vessel-on-time charter on a back-to-back basis. Head-Owners have to settle cargo claims (under the Bills of Lading) which they reported to Charterers for recovery. Since the Time-Charterer fixed on a back-to-back basis, any claims are passed down the charter chain. Unfortunately the sub-Time-Charterers disappear and have gone bankrupt. Any cargo claims therefore remain with the Time-Charterer who thought it had a secure position being “in between” in the chain of contracts.

Charterers Liability covered

• Cargo damages
• Legal expenses defending our claim
• Investigation expenses

Other cases

• Damage to the vessel
• A regular cargo claim under a charter party
• A bunker claim
• A dispute under a Charterparty (FD&D)

Back to Charterers Liability in practice.