The Inter-Club Agreement - Certain aspects

Abstract: The focus on this master thesis is to familiarize the reader with The Inter-Club Agreement and to present some of the problems with its application that have occurred in practice and how it has been solved through case law. The first part (chapter 2) of the thesis presents the Inter-Club Agreement to the reader and explains why it was created in the first place. The reader will get a view of the context in which the Inter-Club Agreement was created by the P/I Clubs for solving the problems with clause 8 in the NYPE charter party. Chartering in general will be explained and then especially time-chartering and the problems that can occur when the Inter-Club Agreement is incorporated into the time charterparty. The second part (chapter 3) of the master thesis presents certain aspects on some of the problems with the conditions precedent to the application of the Inter-Club Agreement. The problems when the Inter-Club Agreement is incorporated into the NYPE time charterparty will be presented to the reader. To answer how the problems have been solved though case law the most significant cases will be analysed and conclusions are presented after every chapter.