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 U.S.COAST GUARD SECURITY CLAUSE
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ARTICLE XX - INTERNATIONAL SHIP AND PORT SECURITY CODE (ISPS CODE)
 
XX.1 - AS PER ADOPTED AMENDMENTS TO THE INTERNATIONAL CONVENTION FOR
SAFETY OF LIFE AND SEA (SOLAS) 1974, OWNERS AGREES TO COMPLY WITH THE
ISPS CODE NOT LATER THAN JULY 1,  2004.
 
XX.2 - OWNERS AGREES TO ADOPT THE PROPER AUTHORITIES' CRITERIA OF BOTH
(EXPORTING COUNTRY AND IMPORT COUNTRY) FOR IMPLEMENTATION OF ISPS CODE.
 
XX.3 - ALL DELAYS AT LOADING AND/OR DISCHARGING PORTS DUE TO NON-COMPLIANCE
WITH THE ISPS CODE SHALL BE PAID AT OWNERS TIME, RISK AND EXPENSE.