petcoke protecting clause

Admin / 2002/07/19

<PETCOKE PROTECTIVE CLAUSE>
============================

CHARTERERS ARE AT THE LIBERTY TO CARRY ONLY ONE SHIPMENT OF
PETROLEUM COKE, (WHETHER IT BE FULL OR PART CARGO), DURING THE
ENTIRE PERIOD OF THIS CHARTER, IF EXERCISED, ON THE FOLLOWING
CONDITIONS:

(a) PETROLEUM COKE MENTIONED HEREIN IS ONLY LIMITED TO THE
TYPE OF NON-HAZARDOUS/NON-DANGEROUS GREEN DELAYED TYPE AND/OR
CALCINED TYPE.

(b) IF CHARTERERS EXERCISE SUCH OPTION, CHARTERERS UNDERTAKE
TO USED HOLDS AS LESS AS POSSIBLE, PROVIDED VESSEL'S SABILITY
TRIM AND STRESS PERMIT.

(c) SUCH CARGO IS TO BE LOADED/STOWED/TRIMMED/DISCHARGED
STRICTLY ACCORDING TO THE LATEST IMO AND/OR ANY OTHER LATEST
REGULATIONS/RULES APPLICABLE TO SUCH CARGO.

(d) SHOULD ANY ADDITIONAL/SPECIAL WASHDOWN OF HOLDS BEFORE
LOADING BE REQUIRED WHEN LOADING THIS CARGO IS TO BE
RECOMMENDED/PROPOSED/REQUIRED BY THE MASTER, CHARTERERS
UNDERTAKE TO ARRANGE THE SAME AT THEIR TIME/EXPENSE.

(e) AFTER DISCHARGE CHARTERERS ARE TO ARRANGE AT THEIR
EXPENSE/TIME OF ANY ADDITIONAL/SPECIAL MATERIALS (INCLUDING
CHEMICAL) REQUIRED TO CARRY OUT SUCH HOLDS TREATMENT AS THE
MASTER CONSIDERS IT NECESSARY.

(f) ANY EXTRA EXPENSES RESULTING THEREFROM/INCURRED THEREBY
(SUCH AS HOLD CLEANING TO THE MASTER'S SATISFACTION/HOLD
SURVEY ETC.) AND/OR ANY DETENTION THROUGH ANY OF ABOVE CAUSES
ARE FOR CHARTERERS' ACCOUNT.