STS CLAUSE CONSIDERATIONS

01-03-2012

Further to IMO Resolution MEPC 186(59) which addresses issues related to statutory compliance of Vessels engaged in STS Operations it is believed that the existence of STS Plans that reflects Owners? policies and procedures in STS Operations should be referenced in the STS Clauses of the Charter Parties.

In this respect ONLINESTS.NET in co-operation with the Law Firm JOHN G. HADJIS & PARTNERS propose the following paragraphs to be considered in the STS Clause from your chartering department/ brokers.

(A) All transfers of cargo to or from Transfer Vessels shall be carried out in accordance with the approved STS Plan as per IMO MEPC 186(59) which will account the recommendations set out in the latest edition of the "ICS/OCIMF Ship to Ship Transfer Guide (Petroleum)" but always subject to the Master's final approval. Charterers undertake that the Transfer Vessel will have an approved STS Plan and that her crew shall comply with STS Plan?s policies.

(B) Charterers shall provide and pay for all necessary equipment as per STS Plan policies, including suitable fenders and cargo hoses. Charterers shall have the right, at their expense, to appoint supervisory personnel to attend on board the Vessel, including a mooring master to assist in such transfers of cargo and will act as charterers? servants.

(C) Charterers will provide the following documentation for proposed STS vessels:

i. A description of the vessel (deemed to be an updated Q88 )
ii. Evidence of insurance ( deemed as a valid P&I certificate of entry) and
ii. Confirmation of entered with a Classification Society - deemed to be a copy of the Class quarterly listing of surveys / Class status report.

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