Subject to having supplied the Vessel with fuels in accordance with Sub-clause (a), the Charterers shall not otherwise be liable for any loss, delay, fines, costs or expenses arising or resulting from the failure to comply with Regulations 14 and 18 of Vessel’s MARPOL Annex VI. For the purpose of this Clause, control shall mean zones as stipulated in “emission zone” MARPOL Annex VI and/or zones regulated by regional and/or national authorities such as, but not limited to, the EU and US Environmental Protection Agency. 76. Law & Arbitration a) This charter shall be construed and the relations between the parties determined in accordance with the laws of . b) Any dispute or difference between the Owners on the one hand and the Charterers on the other hand arising under this Charter Party Agreement shall be referred to the Arbitration of three Arbitrators in Mumbai, one to be appointed by the Owners and one by the Charterers. The two Arbitrators before proceeding with the Arbitration shall appoint a third Arbitrator, the decision of the Arbitrators by majority, shall be final and binding on both the parties. The provisions of (Indian) Arbitration and Conciliation Act, 1996 and the rules made there under and any statutory modification thereof shall apply to such Arbitration. In case of signing of Charter Party with a PSU/Govt.Undertaking, the arbitration clause applicable as per Govt.guidelines for PSU/Govt. Undertaking will apply. 77. COURTS & JURISDICTION Subject to clause 77 above; The Courts in the city of alone shall have exclusive jurisdiction to adjudicate upon any proceedings arising out and/or instituted under this Charter Party Agreement. 78. Communication Owners to provide efficient communication system at their expenses including Satcom system wherever necessary. 79. P&I. Owners guarantee that throughout the duration of the Charter, the vessel will be P & I insured for their account in a recognized first class P & I club (cover not less than USD 1 Billion or as stipulated by the statutory authorities in India). Owners to ensure cover for all activities under this charter party agreement, as directed by the Charterers. 80. In the event of THE VESSEL not BEING available for service to the charterers for OWNERS’ reasons like arrest of the vessel, major breakdown, ETC more than 15 days, the Owners shall
Subject to having supplied the Vessel with fuels in accordance with Sub-clause (a), the Charterers shall not otherwise be liable for any loss, delay, fines, costs or expenses arising or resulting from the Vessel’s failure to comply with Regulations 14 and 18 of MARPOL Annex VI. For the purpose of this Clause, “emission control zone” shall mean zones as stipulated in MARPOL Annex VI and/or zones regulated by regional and/or national authorities such as, but not limited to, the EU and US Environmental Protection Agency. 76. Law & Arbitration a) This charter shall be construed and the relations between the parties determined in accordance with the laws of . b) Any dispute or difference between the Owners on the one hand and the Charterers on the other hand arising under this Charter Party Agreement shall be referred to the Arbitration of three Arbitrators in Mumbai, one to be appointed by the Owners and one by the Charterers. The two Arbitrators before proceeding with the Arbitration shall appoint a third Arbitrator, the decision of the Arbitrators by majority, shall be final and binding on both the parties. The provisions of (Indian) Arbitration and Conciliation Act, 1996 and the rules made there under and any statutory modification thereof shall apply to such Arbitration. In case of signing of Charter Party with a PSU/Govt.Undertaking, the arbitration clause applicable as per Govt.guidelines for PSU/Govt. Undertaking will apply. 77. COURTS & JURISDICTION Subject to clause 77 above; The Courts in the city of alone shall have exclusive jurisdiction to adjudicate upon any proceedings arising out and/or instituted under this Charter Party Agreement. 78. Communication Owners to provide efficient communication system at their expenses including Satcom system wherever necessary. 79. P&I. Owners guarantee that throughout the duration of the Charter, the vessel will be P & I insured for their account in a recognized first class P & I club (cover not less than USD 1 Billion or as stipulated by the statutory authorities in India). Owners to ensure cover for all activities under this charter party agreement, as directed by the Charterers. 80. In the event of THE VESSEL not BEING available for service to the charterers for OWNERS’ reasons like arrest of the vessel, major breakdown, ETC more than 15 days, the Owners shall