Ship Shore Agreement
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The main features of a port liability agreement are usually as follows: for example, if the ship`s response to point 21 is `NO` (meaning that the engine is not ready), the load cannot be started without the permission of the port authorities. If properly structured, a port liability agreement protects U.S. LNG project developers from uncovered damage. At the same time, it reduces the uncertainty of risk exposure for both project proponents and vessel owners. In the ship safety checklist, certain points have been largely taken into account in the use of port liability agreements to assign ship/land responsibility in the event of a ship accident to LNG import terminals in the United States. As many of these terminals have switched to two-way operations, it is likely that they will extend the same regime to their liquefaction operations. .