Shipping Lawyer Maritime Contract Law

Question 1

Which document serves as both a receipt for cargo and a contract of carriage in maritime shipping?

Accepted Answer

Bill of Lading

Answer

Charter Party

Answer

Sea Waybill

Answer

Manifest

Question 2

Under a voyage charter party, who is responsible for paying port disbursements and cargo handling costs?

Accepted Answer

The shipowner

Answer

The charterer

Answer

The cargo insurer

Answer

The port authority

Question 3

What clause in a charter party allows a shipowner to terminate the contract if the vessel is not ready by a specified date?

Accepted Answer

Cancelling clause

Answer

Demurrage clause

Answer

Force majeure clause

Answer

Safe port clause

Question 4

Which U.S. statute governs bills of lading for international cargo shipments from U.S. ports?

Accepted Answer

Carriage of Goods by Sea Act (COGSA)

Answer

Carmack Amendment

Answer

Shipping Act of 1984

Answer

Jones Act

Question 5

What is 'laytime' in the context of a voyage charter party?

Accepted Answer

Time allowed for loading and discharging cargo

Answer

Time allowed for vessel inspection

Answer

Time a vessel spends at anchor

Answer

Time for route planning

Question 6

Which type of charter party transfers possession and control of the vessel to the charterer?

Accepted Answer

Bareboat (demise) charter

Answer

Voyage charter

Answer

Time charter

Answer

Slot charter