Vessel Clearance Service in Malaysia

Vessel Clearance Service in Malaysia

What is a Vessel Clearance?

Vessel clearance service in Malaysia is a term that refers to the Customs admittance or departure procedures. Which a vessel must undergo on each voyage upon first entering. And last exiting a port or other designated area within the Customs territory of each nation it visits.
Vessel clearance is such an important check in the vessel chartering process. Only cleared vessels are suitable for transporting your valuable goods. In the clearance process vessel characteristics are compared to terminal and jetty characteristics. That because in order to see if the vessel fits the terminal.
A commercial vessel clearance typically includes two separate procedures:
(1) admittance by the Customs authorities of the vessel itself. Which it including its fuel, ship’s stores and crew baggage, for which a manifest or declaration must be provided.
(2) turn-over to the Customs authorities of the vessel manifest listing all cargo and passengers on-board.

What is a Vessel Charter?

Ship chartering is the hiring out of the use of a ship by a vessel owner to another company. The charterer is for the transportation of goods. The two main players in ship chartering are the ship owner and the charterer. There are others as well, the most important being the ship broker. There is also the shipping agent who takes care of the essential in-port details. The ship manager will takes care of operating and crewing the vessel on behalf of the owner for a fee.

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Types of Charters

1. Voyage Charter
Voyage charter is a basic hiring of a vessel and its crew. Which its for a voyage between the port of loading and the port of discharge. The ship owner paid by the charterer either on a per-ton basis or as a lump sum. For the port costs and the crew are paid by the owner. The payment for the use of the vessel is known as freight.

2. Time Charter
A time charter refers to the hiring of a vessel for a specific period of time. The owner still manages the ship but the charterer selects the ports. They also decides the routing and has full operational control of the vessel. This will be like that all along for the duration of the contract. He will be the one who pays the fuel costs, port charges and cargo handling costs. Not only that, the commissions, and a daily hire fee also will be his responsibility.

3. The Demise Charter
Under the terms of a demise charter, also known as a bareboat charter. Which means the charterer has full control of the vessel. All other costs including fuel, crew, port charges and insurance, are paid by the charterer. The legal and financial responsibility for the vessel rests with the charterer.

4. Contract of Affreightment
There is what is known as a contract of affreightment. This is not strictly a charter contract, but is quite similar to a voyage charter. Under this type of contract, the owner agrees to transport the goods for the charterer on a specified route. And also for a specific period of time. More than one ship can be used and, in contrast to a true charter. So there is no laytime period and no demurrage is payable.