Terms and conditions
 
Delivery
  • The Delivery of the Products shall be affected in one or more consignments at the Point of Delivery by such means as Med Petroleum shall deem appropriate in the circumstances.
  • The Buyer shall make all connections or disconnections between the pipelines or delivery hoses and the Vessel’s receiving lines and shall provide all necessary equipment to receive promptly each and every consignment of the delivery. The Buyer shall be responsible for ensuring that the Products are delivered at a safe rate and pressure and that all equipments utilised are in a safe and satisfactory condition.
  • Med Petroleum shall not be liable to the Buyer for any loss or demurrage due to congestion of the terminal, or prior commitments of the available barges.
  • Med Petroleum shall not be required to deliver the Products into any of the Vessel’s tanks which are not regularly used for bunkers.
  • If the Buyer causes delays to Med Petroleum’s or the Physical Supplier’s facilities in effecting deliveries, the Buyer shall pay demurrage at Med Petroleum’s or the Physical Supplier’s established rates, and reimburse Med Petroleum or the Physical Supplier for all other expenses in connection therewith.
  • The Buyer shall be liable for any expenses incurred by Med Petroleum resulting from the Buyer’s failure to take delivery of the full quantity of the Products agreed to by the Buyer including but not limited to any loss on the resale of the Products and the Buyer shall bear the risk of the return transport, demurrage on the barge or trucks, storage or selling of the Products.
  • The buyer shall indemnify and hold harmless Med Petroleum against all damage and liabilities arising from any acts or omissions of the Buyer or its servants, ship’s officers or crew in connection with the delivery of the Products under these Terms and Conditions.
  • Where delivery is required during other than regular business hours, and is permitted by applicable regulations. The Buyer shall pay all overtime and extra expenses incurred.
  • Med Petroleum’s liability shall cease and delivery of the Products shall be deemed completed, and risk of loss, damage, deterioration, depreciation, evaporation, etc shall pass to the Buyer at Vessel’s permanent flange connection.
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