BP 2007 Products

of the Product at the Vessel’s permanent hose connection as set out in the certificates of
quantity and quality so issued.
7.5 Part cargo lots delivered CFR or CIF
Where delivery is made as an unsegregated part cargo lot to the Buyer and a third party,
the quantity determined in accordance with the foregoing shall be adjusted so that,
following completion of discharge of the relevant part cargo lots, the Buyer and such third
party shall each be allocated a percentage of the total loaded quantity equal to that
percentage of the total quantity (determined at each Discharge Port in accordance with
the provisions of Section 7.2.3 above) which was discharged at its Discharge Port. The
costs of such independent inspection shall be shared equally between the parties for their
respective Discharge Ports and the inspector's report shall be made available to all parties.
Section 8 – Risk and property
8.1 CFR and CIF deliveries
8.1.1 Notwithstanding any right of the Seller to retain the documents referred to in
Section 30 until payment, the risk in the Product delivered under the Agreement
shall pass to the Buyer as the Product passes the Vessel's permanent hose
connection at the Loading Terminal and property in the Product shall pass:
8.1.1.1 in the case of delivery as a full cargo lot or, in the case of a part cargo
lot, where the grade and/or quantity is separately ascertainable, as the
Product passes the Vessel's permanent hose connection at the
Loading Terminal; or
8.1.1.2 in the case of delivery as a part cargo lot where the Product
deliverable hereunder is not identifiable and ascertainable on board
the Seller’s Vessel separately from the Product which is destined for
receivers other than the Buyer:
(a) as the Product passes the Vessel's permanent hose connection
at the Discharge Port, if such part cargo is not the last part cargo
to be discharged, or
(b) immediately upon completion of discharge of all other Product at
the previous place(s) of discharge, if such part cargo is the last
cargo to be discharged
as the case may be.
8.1.2 If the Vessel has commenced or completed loading prior to being nominated to
the Buyer pursuant to Section 11, then, subject to the provisions of Section
8.1.1.2, notwithstanding any right of the Seller to retain the documents referred
to in Section 30 until payment, the risk in the Product delivered under the
Agreement shall be deemed to have passed to the Buyer as the Product passed
the Vessel’s permanent hose connection at the Loading Terminal and property in
the Product shall pass immediately upon receipt by the Seller of the Buyer’s
acceptance of such nomination.
8.2 Ex Ship deliveries
The risk and property in the Product delivered under the Agreement shall pass to the
Buyer as the Product passes the Vessel's permanent hose connection at the Discharge
Port.
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