In terms of your instructions, the sum of the sum of the Westralian Farmers QYly has been made. In respect of the value of the bunkers taken over at the time of delivery, we have today received the following debit from Westralian Farmers:. As this lower price will in this case work to your Department's advantage, we propose to settle the debit in respect of the bunkoro ue calculated above before the end of this financial year.
As a rule, your Department will benefit again when . is credited with the value of the remaining bunker on board I. on re-submission at the end of the charter party. The benefit of the Department in this case, we propose to clear the debit in respect of bunkers aa calculated above before the end of this financial year. Consequently, your Department will again benefit when credited with the value of the bunker remaining on board on redelivery at the end of the charter party.
The department's advantage in this matter, ~e propose to settle the debiting as far as the bunkcro ac calculated above is concerned before the end of this financial year. Therefore, your department will again benefit when it is credited with the value of the bunkers left on board upon redelivery at the end of the charter party. The department's advantage in this case, ~e propose to settle the debit with regard to the above calculated bunkore ac before the end of this financial year. in this connection, that we have been convinced by .eetra.lian Farmers that the contract price of gas oil will be increased to 268/6d. ton ae from 27 March.
A signed copy of the delivery receipt. [aster and representative of the South African Department of Transport.
WESTRALIAN FARMERS TRANSPORT LIMITED
Pursuant to the letter of the 25th 1961 I have £200 in the bulk of the debit or crew of the 1st 2nd which accompanied your letter D /JK/m.e. 10 have been o.dviaod se veoool loft for Tri tan da Ounhn and Gough Ioland on llaroh 28, 1961.
OXLEY]
WESTRALIAN FARMERS TRANS PORT LIMIT ED
34; With further reference to your letter RNS/CW/CJEN/A.21 dated .30. March ~ I have to inform you that he is requesting I inform you that the charter was arranged on the basis that anything less than the minimum period would not be worth as far as the F.I.D.S. I wish to confirm that the payment to uae Westralian Parmers on the 29th l. the monthly sum of R for the settlement of the crew charge over time in the sense of Article 37 of the charter contract for.
In confirmation of my cable Ro. 264, I enclose for your information the text of the following letter received by Westralian Parmers from the Crown Agontsi. I must inform you that the request .. by Charterers that the minimum charter period of thirty five days should be waived has been carefully considered. I must inform you that the Charter wao arranged on the basis that anything leos than the minimum period would not be worthwhile as far as P.I.D.S. involved and they are therefore unable to agree to any reduction in the rental period." .. c. rr)i.t.
I must inform you that the charter was arranged on the basis that anything less than the minimum period would not be worth as far as F.I.D.S.
WESTRALIAN FARMERS TRANSPORT LTD
Owing to the increase in the price of bunkers on March 27, 1961, charterers will be credited with the price of the bunker on delivery at the present contract price of 268/6 per far ton minus 5~ discount, and will benefit considerably. Off' Surv~,report on receipt from South Urioan Authoritie~L: The value of .9~s The oil will be edited to charterers at the present contract Cape Town price of 268/6 per ton rent 5% discount allowed by Suppliers under the terms of -Owner's current ~unk.er contract on overseas supplies. We propose that the value of Oil .Bank.era be set off against the passenger money payable by charterers under clause 48 i.
Consequently, the property owners enter into contracts for a period of one year or more, as the case may be, to obtain the benefit of the contract price, thereby saving about 10/- per tonne on all deliveries to their vessels. Jbip owners who enter into contracts with the major oil companies may receive a 5% discount on the.. at certain Porta throughout the World. As a result of the increase in the bunker price on March 27, 1961, upon redelivery, charterers will be credited with the price of the bunkers at the current contract price of 268/6 per long ton, with a discount of 5%, which is likely to provide an advantage.11 . Regarding the price of the gas oil bunkers, Westralia claims. Farmers claim the prevailing contract price is 268/6d.
11 The value of the gas will be credited to the lessees at the current Cape Tovm contract price of 268/6 per ton less a 5~ discount allowed by the supplier under the terms of the owners' current bunker contract for overseas supplies. Major oil companies set the price of various types of oil at ports around the world in two categories, namely the spot price and the contract price. Consequently, ship owners contract for a period of one year or longer, as the case may be, in order to take advantage of the contract price, saving/approx.
The major oil companies set the price of the various oil qualities in ports all over the world under two categories, namely spot price and contract price. As a result, ship owners enter into contracts for a period of one year or longer as the case may be in order to obtain the benefit of the contract price and thereby save. The major oil companies set the prices for the various qualities of oil in ports all over the world under two categories, namely spot price and contract price.
As a result, ship owners enter into contracts for a period of one year or longer, as the case may be, in order to take advantage of the contract price and thereby save. It is also confirmed that the current rate at Cape Town for tanks of gas oil remaining on board during redelivery is R26.95, the rate having been abolished with effect from 27 March 1961. Passenger money paid by charterers in pursuant to Clause 48 of the Charter Party shall settle locally in Cape Town and shall be offset by inoidentinl.
I refer to point 3 of your minutes A.ll./46/7 of April 21 and to the 1st minute of the ea.me date regarding the value of the gas oil bunkers left on board at. Westralian Farmers Transport to pa~ for the gaeoil taken over on redelivery of the vessel at 268/6 in British currency.
7 JUL 1961
