The term, when used during the negotiation phase of the charter party contracts, explains to the receiver that the counter-party agreed to the offer apart from certain conditions or clauses.
Accept/Except used by either the shipowner’s broker or the prospective charterer’s broker during the negotiations for the charter of a ship to signify that an offer or counter-offer is accepted apart from certain clauses or details.
Objections are then listed together with the amendments sought.
Accept/Except Term Usage Example:
Charter Party Offer
Ship Details: Genco Surprise d.dk 8C Hkg fg built 1998 72495dwt
Cargo Details: 25,000 MT 10% MOLOO Blk Wheat (sf 46-47`)
Load Port/Discharge Port: One Safe Berth Odessa to One Safe Berth Jeddah
Freight Rate: USD 33/tonne FIOS
Arrival and Cancelling Dates: 15/31 August 2015
Laytime: 12000/9000 Working Days 24 Hours Consecutive Weather Permitted Shipping Sundays and Holidays Excepted (SHEX)
Demurrage & Despatch: Dern USD 8,200pd pro rata D1/2D laytime saved
Charter Party Contract: Norgrain89
Total commissions: 1.25 percent of the total freight bill
Any Other Points: Subject Details
Accept/Except freight rate (USD 33/tonne FIOT) and arrival and cancelling dates (01/15 August 2015).