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On/Off Hire Bunker Survey
On/off Hire Bunker Survey are specific inspections carried out to verify and record the quantity of fuel (bunkers) on board a vessel at the beginning and end of a charter period, usually under a time charter agreement. On-Hire Bunker Survey establishes the initial quantity of fuel on board, while the Off-Hire Bunker Survey confirms the final quantity. Both surveys are essential to ensure accuracy, transparency, and financial security in maritime charter agreements.
Key Benefits
- Precise determination of fuel on board at delivery/redelivery
- Protection of charterer and owner interests
- Independent third-party verification
- Comprehensive report for final charter settlement
