# Free charter party review tool

Source: https://contracko.com/tools/charter-party-review

# Free charter party review tool

Upload your charter party and get instant AI analysis. Check freight rates, laytime allowances, demurrage provisions, off-hire clauses, and speed and consumption warranties.

### Upload your contract to start your free analysis

Drag and drop your contract here, or browse files

PDF or DOCX — max 10MB, up to 25 pages

What we'll analyze

Our AI engine reviews your contract and extracts key insights across multiple dimensions:

Risk assessment

Overall risk score with specific concerns

Key dates

Start, end, renewal, and notice deadlines

Obligations

Your duties and counterparty requirements

Financial terms

Pricing, payment terms, and penalties

Red flags

Unusual or concerning clauses

Liability & indemnity

Caps, exclusions, and indemnification

Your privacy, guaranteed

Enterprise-grade encryption

Never used for AI training

GDPR compliant

Deleted after analysis

## Frequently asked questions

Common questions about our charter party review

- **Q:** What does this charter party review tool check?
  **A:** It analyzes freight rates and hire rates, laytime allowances and calculation method, demurrage and dispatch rates, off-hire clauses and qualifying events, speed and consumption warranties, cargo exclusions, redelivery conditions, and arbitration provisions. You get a structured risk breakdown with financial exposure highlighted.

- **Q:** What are the most important clauses in a charter party?
  **A:** Laytime and demurrage provisions (where most charter party disputes originate), off-hire triggers and notice requirements, speed and consumption warranties and what happens on breach, cargo description and exclusions, and the arbitration clause specifying the seat and rules.

- **Q:** Does the tool work with BIMCO standard forms like GENCON or BALTIME?
  **A:** Yes. The tool handles BIMCO standard forms including GENCON, BALTIME, NYPE, and custom voyage and time charter parties. It flags departures from standard terms and highlights any rider clauses that materially change the underlying form.

- **Q:** How long does the charter party analysis take?
  **A:** Most charter parties are analyzed in under 30 seconds, including those with rider clauses and addenda.

- **Q:** What file formats can I upload?
  **A:** PDF and Word (DOCX) files are both supported.

- **Q:** Is my charter party data secure?
  **A:** Yes. Your document is transmitted over TLS encryption, never used to train AI models, deleted from our servers within 24 hours, and never shared with third parties.

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