Gencon, Charter Party, Chartering Contracts Definitions, Introduction
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“GENCON”-General Charter Conditions (agreement), or Gencon Charter Party, is the most commonly form of voyage charter party used worldwide,
and particularly known also as “Gencon 1994”.
Gencon, first issued in 1922 and revised in 1976 and 1994.
“Gencon 1994” includes two parts.
Is the “box form” which all the necessary information to be completed by the parties.
Contains all the standard terms and conditions which are usually non-negotiable.
“CHARTER PARTY”-Is a written contract between the Shipowner and the charterer.
The consequences of their negotiations that consists of agreed terms and conditions. It is signed by both parties and serve as very important document.
The charter party can adopt any form and drawn up by anybody, however it is preferable to use the standard common used “Gencon Charter Party”
Maritime transport and logistics planning and consulting
In fact and in simple words we say that we are “matchmakers” in the chartering business, marrying “free cargo” with “open Tonnage”, fix suitable and available cargo vessel, with available cargo.
If your project is still in planning stages and not yet matured into a charter, you don’t have the knowledge or experience how to plan and prepare, what tools and contracts will be needed to deal with, seaports, schedules,
we can help you, you can count on us,
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