Standard Trading Conditions
§1Scope of Services
Detailed description of the brokerage and logistics services provided, aligning with international maritime standards and BIMCO frameworks.
§2Pricing & Fees
Terms regarding fuel procurement costs, brokerage fees and associated logistics expenses, including market-linked pricing mechanisms.
§3Payment Terms
Specified invoicing cycles, payment deadlines and currency requirements to ensure smooth financial transactions for global bunkering.
§4Liability & Indemnity
Legal provisions defining the extent of responsibility, risk management and insurance obligations for both the broker and the client.
§5Force Majeure
Clauses addressing unforeseen maritime events, global supply chain disruptions and circumstances beyond reasonable control.
§6Governing Law & Jurisdiction
The legal framework and judicial territories that ultimately govern the interpretation and enforcement of these trading conditions.
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