Fishing Vessel Charter Agreement

When it comes to chartering a fishing vessel, it`s important to have a clear and comprehensive agreement in place. This document will outline the terms of the charter, including things like payment, cancellation policies, and liability. In this article, we`ll take a closer look at what should be included in a fishing vessel charter agreement.

Payment Terms

One of the most important aspects of any charter agreement is payment. Generally, the charterer will be required to pay a deposit upfront, with the remainder due on or before the day of the charter. The agreement should clearly outline the amount of the deposit, the date it is due, and what happens if the charterer cancels.

Cancellation Policies

Speaking of cancellations, it`s important to have a clear policy in place in case the charterer needs to cancel the trip. This should outline the circumstances under which the charterer can cancel (such as weather conditions), the deadline for cancellation, and any penalties that will be incurred if the charterer cancels.

Liability

Fishing can be a risky activity, and it`s important to have a liability clause in the charter agreement. This should outline who is responsible in case of accidents or injuries, as well as any insurance requirements.

Fishing Equipment

The charter agreement should also include information about the fishing equipment that will be provided. This should specify what kind of equipment is included (such as rods, reels, and bait), as well as any expectations for the charterer`s own equipment.

It`s also a good idea to include information about what kind of fish can be caught and any restrictions on the number or size of fish that can be taken.

Boat Usage

Finally, the charter agreement should outline the terms of boat usage. This should include things like what areas the boat can be used in, what kind of activities are allowed, and any restrictions on the number of passengers.

Conclusion

Chartering a fishing vessel can be a fun and exciting way to enjoy a day on the water. However, it`s important to have a clear and comprehensive agreement in place to protect both the charterer and the charter company. By including payment terms, cancellation policies, liability clauses, information about fishing equipment, and boat usage terms, you can ensure that everyone is on the same page and ready for a safe and successful trip.