Originally from Navigating Maritime Arbitration: The Experts Speak

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Pre-fixture tank vessel vetting programs are very important especially for tanker owners seeking to obtain vessel employment from oil companies as charterers. The physical vessel vetting inspections and owner management vetting compliance reports are voluntary and are not required by flag state, class, local port authorities and/or terminal requirements. However, without suitable vessel inspection results and a management vetting compliance program leading to a favorable oil company review, owners cannot commercially trade their vessels. This chapter discusses the history and current status of tanker inspection and vetting protocols and associated tanker charter party vetting clauses, and the current pre-nomination oil terminal vetting protocols.