Sample analysis — example output on a fictional charter party

This is what you get back

Key terms, the full clause inventory, obligations & notices, key dates, and flagged gaps, conflicts and risks — all extracted automatically. Below is a sample; upload your own to get the real thing.

8
Clauses
5
Obligations
3
Actionable
4
Flags
Gaps, Conflicts & Risks4

Missing / deferred (2)

No laydays extension mechanism

medium

The charter sets a cancelling date but no procedure for extending laycan if the Vessel is delayed — worth confirming before fixture.

Missing: laycan extension clause

Bunker prices deferred

Deferredlow

Delivery/redelivery bunker prices are stated 'as per Appendix A', which is referenced but not included in this document.

Deferred: bunker prices

Risks (2)

No grace period for hire withdrawal

high

Clause 11 lets Owners withdraw the Vessel for non-payment without any grace period — a single late payment risks loss of the Vessel.

legal · Clause 11

Duration 'without guarantee'

medium

The 40–45 day trip duration is stated without guarantee, so redelivery timing carries schedule risk for the next fixture.

commercial · Clause 1

Key Terms
Contract typeTIME_CHARTER_TRIP
Base formNYPE 1993
Hire / freight rateUSD 16,500 daily (DIOT) pro rata, payable 15 days in advance
VesselMV MERIDIAN STAR (sample)
IMO9600001
Vessel typeBulk Carrier (Supramax)
OwnerMeridian Marine S.A. (sample)
Disponent ownerBlue Harbour Chartering Pte Ltd (sample)
ChartererContinental Grain Trading Ltd (sample)
Durationabout 40–45 days without guarantee, 1 TC trip
DeliveryDLOSP Santos ATDNSHINC
RedeliveryDLOSP 1 SP Singapore–Japan range in Charterers' option
Laycan from05 Aug 2026
Laycan to10 Aug 2026
CP date22 Jul 2026
Cargoabt 55,000 MT +/- 10% bulk grain
Key Dates
Charter party datecp_date22 Jul 2026
Laycan startlaycan05 Aug 2026
Cancellingcancelling10 Aug 2026
Next dry-dock windowotherFeb 2027 – Apr 2027
Obligations & Notices

Actionable (3)

Charterers to pay first hire plus bunkers within 3 banking days of delivery

Actionable
Party: CHARTERERWhen: within 3 banking days of deliveryClause 11

Charterers to pay subsequent hire 15 days in advance

Actionable
Party: CHARTERERWhen: 15 days in advanceClause 10

Charterers to give 20 days approximate then 10/7/5/3/2/1 days notice of redelivery

Actionable
Party: CHARTERERWhen: 20 days before redeliveryClause 10

Standing & other (2)

Owners to maintain the warranted speed and consumption throughout the charter

Standing duty
Party: OWNERClause 8

Vessel not to trade to war or sanctioned zones

Prohibition
Party: BOTHClause 5
Clause Inventory (8)

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