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Found an article about how the some aspects of the RORO design makes it more prone to sinking.
Still, number of voyages that end without incident far outnumber the number of sinkings, as pointed out in the end of the article.
http://gcaptain.com/are-roros-safe/
I assume that in the event of a sinking, the ship operator (SSC in this case) will claim from insurance. Can the charterer impose any penalty on SSC if it cannot find another vessel to fulfill the charter?
Another unrelated question:
Wikipedia describes a few types of chartering.
http://en.wikipedia.org/wiki/Chartering_%28shipping%29
I assume that applicable type for SSC is the "time charter", as described below:
"A time charter is the hiring of a vessel for a specific period of time; the owner still manages the vessel but the charterer selects the ports and directs the vessel where to go. The charterer pays for all fuel the vessel consumes, port charges, commissions, and a daily hire to the owner of the vessel."
That would mean that SSC will not benefit from the current drop in oil prices. As in, we cannot expect any decrease in the "Vessel operation and crew management costs". Please correct me if I am wrong, thanks!
(vested)
Still, number of voyages that end without incident far outnumber the number of sinkings, as pointed out in the end of the article.
http://gcaptain.com/are-roros-safe/
I assume that in the event of a sinking, the ship operator (SSC in this case) will claim from insurance. Can the charterer impose any penalty on SSC if it cannot find another vessel to fulfill the charter?
Another unrelated question:
Wikipedia describes a few types of chartering.
http://en.wikipedia.org/wiki/Chartering_%28shipping%29
I assume that applicable type for SSC is the "time charter", as described below:
"A time charter is the hiring of a vessel for a specific period of time; the owner still manages the vessel but the charterer selects the ports and directs the vessel where to go. The charterer pays for all fuel the vessel consumes, port charges, commissions, and a daily hire to the owner of the vessel."
That would mean that SSC will not benefit from the current drop in oil prices. As in, we cannot expect any decrease in the "Vessel operation and crew management costs". Please correct me if I am wrong, thanks!
(vested)