American Club: Transport
Guidance for Steel Cargoes
90
(1)
to ensure that it notify the charterer for liability associated with this risky carriage and
CBS stowage as this is not a common way to carry slabs on vessels;
(2)
that the Mate’s Receipt and bills of lading can be marked as “F.I.O.S.T.” terms, i.e.
free in
and out, stowed, lashed, secured all being the charterer’s liability;
(3)
that the Master and/or vessel owner should not accept responsibility for stowage and
securing, because CBS of stowage has a high risk
of shifting during transit; and/or
(4)
that the vessel owner should contact its P&I club and/or legal counsel to seek advice on
how to best protect its interests in the context of preparing any wording or amendments
to
any draft bills of lading, charter party, letter of indemnity or any other relevant
document (see
Section 5.5.2.6(6)).
American Club: Transport Guidance for Steel Cargoes
91
10. Communicate with your P&I club
10.1 Objectives:
To ensure prompt and timely communication between the vessel owner and its P&I club to prevent
or minimize the risk of potential claims associated with steel cargoes, and if such a claim is
asserted against the owner and/or its vessel, to best coordinate their respective efforts to defend
against any such claims.
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