OWNER’S APPOINTED AGENCY(OAA)

  • OWNER’S APPOINTED AGENCY(OAA)
    • In line with the option, if provided in charter party terms, owner appoints his Agent. Agent’s fees, etc are borne by owner. Services rendered – Obtaining Customs’ clearances, providing updates on vessel operations, endeavoring quick turn-round of vessel, handling owner’s funds and submitting an account of Port/Customs, etc charges and minimising /saving owner’s expenses, co-ordination with charterers, etc.