pig iron protective clause

Admin / 2002/07/19

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

(a) CHARTERERS UNDERTAKE THAT LOADING OF THE FIRST LAYER OF THE
CARGO WILL NOT BE RELEASED UNTIL TOUCHING TANKTOP AND WILL NOT
BE DUMPED AND/OR DROPPED DURING LOADING. FIRST LAYER OF CARGO
IS TO BE LOADED, STOWED, TRIMMED TO THE SATISFACTION OF THE
MASTER BEFORE LOADING BALANCE OF CARGO.

(b) PRIOR LOADING, CHTRS TO PROVIDE SUFFICIENT DUNNAGE TO
PROTECT THE VSL'S HOLDS.

(C) DAMAGE TO THE VESSEL CAUSED BY PIG IRON, THE LIABILITY OF
THE CHTRS ARE TO BE DETERMINED BY PRE-LOADING AND POST-
DISCHARGING SURVEYS. SUCH SURVEYS ARE FOR CHARTERERS' ACCOUNT.