BIMCO Bunker Supply and Payment Clause for Voyage Charters

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If the Vessel requires bunkers at loading and/or discharging port(s), Charterers have the right of supplying such bunkers provided price, condition and specification are competitive with other suppliers on date of lifting, and such bunkers shall be paid for by Owners by deduction of an agreed amount from freight, when payable,says an article published in Bimco.

Cost of bunkers

In any case, if requested by Owners, Charterers guarantee to supply bunkers to Vessel’s requirements at the port of …… with …….. days credit. The price of the bunkers to be …………. per metric ton for fuel and …………. per metric ton for diesel.

In the event that payment has not been received within the credit period Charterers have the right to deduct the cost of bunkers from freight with an additional charge of …….. per metric ton.

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Source: Bimco