Contract Negotiation

Overview

How We Deliver

A well-negotiated charter party is the foundation of a successful fixture. Euroship's commercial team has extensive experience negotiating charter parties across all standard forms — GENCON, NYPE, SHELLVOY, ASBATANKVOY, BARECON, and bespoke forms — ensuring that terms are commercially competitive, operationally workable, and legally robust. We understand that charter parties govern the entire relationship between owner and charterer, including any disputes that may arise.

100%

Fixture Accuracy

Zero

Disputed Recaps

24hr

CP Turnaround

Our Process

Step-by-Step Approach

A structured methodology ensuring consistent, high-quality outcomes for every fixture.

1

Term Sheet Review

Initial commercial terms and indicative rates are reviewed against market standards to identify areas for negotiation.

2

Charter Party Selection

The appropriate charter party form is selected based on vessel type, trade, and cargo requirements.

3

Rider Clause Negotiation

All rider clauses, addenda, and special provisions are negotiated to protect client interests, including BIMCO standard clauses.

4

Legal Review Coordination

For complex fixtures, we coordinate with P&I clubs and maritime lawyers to review specific clauses.

5

Final Recap Confirmation

A clean, unambiguous fixture recap is agreed and confirmed by all parties before the charter party is drawn up.

6

Dispute Prevention

Ambiguous language and conflicting clauses are identified and resolved at negotiation stage to prevent costly disputes.

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GENCON / Tramp Charters

Voyage charter parties on GENCON and other standard tramp forms with comprehensive rider clause packages.

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NYPE Time Charters

NYPE 46 and NYPE 93 negotiations including performance warranties, off-hire provisions, and redelivery terms.

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Tanker Charter Parties

SHELLVOY, ASBATANKVOY, and bespoke tanker charter parties with full VOC, heating, and cargo clause coverage.

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Bareboat Charters

BARECON 2017 and bespoke bareboat arrangements for complex financing and ownership structures.

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BIMCO Standard Clauses

Current BIMCO standard clauses covering cybersecurity, sanctions, anti-corruption, and environmental compliance.

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Sanctions Compliance

Comprehensive sanctions screening and compliant clause language to protect against regulatory exposure.

Deep Expertise

Why Choose Euroship for Contract Negotiation?

Contract negotiation in shipping requires deep knowledge of standard form charter parties, market custom and practice, and the specific commercial characteristics of each trade. Euroship's negotiators have handled hundreds of charter parties across all major forms. We know where the important protections lie, which clauses are truly negotiable, and where market custom dictates acceptance — translating directly into better commercial outcomes and reduced dispute risk.

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Contract Negotiation Enquiry

Submit your request — we respond within 24 hours