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Law of Tug and Tow and Offshore Contracts, The

Law of Tug and Tow and Offshore Contracts, 5th edition (c) 2026

Page 873

Appendix 8

SUPPLYTIME 20051

A legal form titled Appendix 8, Supplytime 2005, Part I, BIMCO Time Charter Party for Offshore Service Vessels. The document consists of a grid with 23 numbered boxes for filling in details of a charter agreement. Key information requested includes place and date of contract, owner and charterer details, vessel’s name and IMO number, date of delivery, period of hire, area of operation, mobilization and demobilization charges, charter hire rate, and payment information.

Page 874

 A legal document titled Appendix 8, Part I of the Supplytime 2005 Time Charter Party for Offshore Service Vessels. The form contains numbered boxes from 24 to 35 for various contract terms, including payment of hire, interest rates, meals, war cancellation, and dispute resolution. Box 34 indicates that option c has been selected for dispute resolution. The page concludes with a paragraph outlining the contract’s governing conditions and two empty signature boxes for the Owners and the Charterers.

Page 875

 A page labeled Appendix 5 titled “Annex A to Time Charter Party for Offshore Service Vessels,” code-named SUPPLYTIME 2005. The page presents a detailed vessel specification form divided into numbered sections with blank fields for information such as ownership, builder, classification, dimensions, performance, towing equipment, and onboard systems. Headings include General, Dimensions and Capacities, Machinery, Towing and Anchor Handling Equipment, Radio and Navigation Equipment, Fire-Fighting Equipment, Accommodation, Galley, and Additional Equipment. Subsections specify data points like vessel name, operator address, deadweight, fuel type, bollard pull, propulsion type, towing gear, stabilisers, and radio setup.

Page 876

 A legal document page titled Appendix 5, Annex A, Vessel Specification. The page is marked as continued and contains minimal text. It lists two items, (b) Joystick and (c) Other. A separate section, number 11, is titled Standby/Survivor Certificate and has fields for Yes/No and Nos. The majority of the page is blank. A footer contains fine print from BIMCO regarding the form’s generation.

Page 877

 A page labeled Appendix 5 titled “Annex B to Time Charter Party for Offshore Service Vessels,” code-named SUPPLYTIME 2005. The page is headed “Insurance” and lists six numbered insurance categories required under Clause 17: Marine Hull Insurance; Protection and Indemnity (Marine Liability) Insurance; General Third-Party Liability Insurance; Workmen’s Compensation and Employer’s Liability Insurance; Comprehensive General Automobile Liability Insurance; and Other insurances as agreed. Each clause briefly defines the coverage, including limits, liability types, and applicable laws.

Page 878

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with line numbers from 1 to 133. The document is divided into numbered clauses. It begins with definitions for terms such as Owners, Charterers, and Vessel. Subsequent clauses outline the Charter Period, terms for Delivery and Redelivery, the required Condition of the Vessel, procedures for Structural Alterations and Surveys, and the rules for Employment and Area of Operation. The clauses detail the rights and obligations of the parties involved in the charter agreement.

Page 879

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with line numbers from 134 to 268. The document details clauses concerning vessel operations. Topics include vessel space, handling of dangerous cargo, and laying up the vessel. Clause 7 outlines the duties of the Master and Crew. Clause 8 specifies the Owners’ responsibilities, such as providing provisions and maintaining the vessel. Clause 9 begins to list the Charterers’ obligations.

Page 880

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 269 to 404. The text details several clauses. Clause 10, Bunkers, covers fuel quantity at delivery, purchase price, bunkering procedures, and liability for unsuitable fuels. Clause 11, the BIMCO ISPS/MTSA Clause, outlines security compliance responsibilities for Owners and Charterers under the ISPS Code and the US Maritime Transportation Security Act.

Page 881

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 405 to 540. The page primarily details Clause 12, Hire and Payments. This clause outlines rates for hire, extension, and adjustment of payments, along with invoicing procedures. Further sub-clauses detail the owner’s rights in case of non-payment, including the right to suspend performance and withdraw the vessel. The final sub-clause grants the charterers the right to audit the owner’s books related to work performed.

Page 882

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 541 to 676. The page includes Clause 13, Suspension of Hire, which details conditions like strikes or machinery breakdown that halt payments. The main section is Clause 14, Liabilities and Indemnities. This clause establishes the ’Knock for Knock’ principle, where each party is responsible for their own group’s losses and indemnifies the other. A sub-clause also excludes liability for any consequential damages.

Page 883

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, covering lines 677 to 810. The document details several clauses, including the Himalaya Clause, which extends protections to affiliates and subcontractors. Other clauses assign liability for hazardous substances to the Charterers and for pollution. Clause 16, Wreck Removal, makes the Owners liable for wreck-related expenses. Clause 17, Insurance, specifies the Owners’ obligation to maintain insurance and name the Charterers as co-insured upon request.

Page 884

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 811 to 944. The page details several clauses, including Clause 18 on saving life and salvage, and Clause 19 outlining lien rights for owners and charterers. It also contains Clause 20 on subletting and assignment, Clause 21 regarding substitute vessels, and Clause 22, which introduces the BIMCO War Risks Clause.

Page 885

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 945 to 1079. The text details clauses on war risks, including the vessel’s conduct in dangerous areas. It contains Clause 23, the War Cancellation Clause 2004, which allows for contract termination if war breaks out between major powers like the USA, Russia, and China. Clause 24, the BIMCO Ice Clause, outlines the vessel’s obligations and the master’s discretion when operating in ice-bound ports.

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 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 1083 to 1211. The document details several clauses, including Clause 25 on Epidemic/Fever, Clause 26 on General Average, Clause 27 on Both-to-Blame Collision, and Clause 28 on Health and Safety. It also contains Clause 29 on Drugs and Alcohol Policy, Clause 30 on Taxes, and Clause 31 on Early Termination, outlining conditions for convenience and for cause, such as requisition, confiscation, and bankruptcy.

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 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 1212 to 1346. The text details Clause 32 on force majeure, which lists events such as acts of God, war, and epidemics that may excuse a party from performance. Clause 33 outlines confidentiality requirements. The page concludes with Clause 34, the BIMCO Dispute Resolution Clause, offering three options for settling disputes: arbitration in London under English law, in New York under United States law, or at a mutually agreed place.

Page 888

 A legal document titled Appendix 5, Part II, SUPPLYTIME 2005 Time Charter Party for Offshore Service Vessels, with lines 1347 to 1428. The page details procedures for mediation after arbitration has begun. It also contains several distinct clauses: Clause 35 on Notices, specifying they must be in writing; Clause 36 on Headings, stating they are for identification only; Clause 37 on Severance, ensuring the contract remains valid if a part is void; and Clause 38, the Entire Agreement clause.