When is the Option Charterer's Cost (Broker Commission) Used?

Owned by Former user (Deleted)
Last updated: Jun 29, 2015
1 min read

Question

When is the option Charterer’s Cost for broker commissions used?

Answer

Charterer’s Cost should be selected in those cases when the Charterer, not the Owner (as per normal), will bear the cost of the commission to brokers.