Employment and Indemnity clause
This can sometimes be called merely the “Employment clause” especially if it is found in a charterparty in which the charterer is not obliged to indemnify the shipowner against all consequences or liabilities from following the charterer’s orders as regarding the employment of the ship: “To indemnify” means to reimburse a person for his loss or to place him in the same financial position after a. loss in which he was before the loss.