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You are here: Home / glossary / Employment and Indemnity clause

Employment and Indemnity clause

Employment and Indemnity clause

Created OnApril 6, 2018
byCult of Sea
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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.

Related:

  • Arrived ship
  • Dreadage or Dreading Clause
  • Hague Rules and Hague-Visby Rules
  • Both to Blame collision clause
  • Employment and Indemnity clause
  • Ballast bonus (BB)

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