These Terms & Conditions govern the provision of maritime services by WREST EGYPT SHIP SERVICES (“The Company”) to ship owners, managers, charterers, and operators (“The Principal”).

1. Scope of Agency

The Company acts as a port agent and/or general ship chandler. All services are performed in accordance with the standard terms of the Egyptian Maritime Chamber and international shipping customs.

2. Disbursements and Funding

The Principal is responsible for providing sufficient funds (Disbursement Accounts) in advance of the vessel’s arrival. The Company reserves the right to withhold services if funding is not secured to cover Suez Canal tolls, port dues, and provision costs.

3. Liability and Indemnity

While The Company exercises due diligence in selecting vendors and coordinating logistics, it shall not be liable for delays or damages caused by port congestion, governmental actions, or force majeure events. The Principal shall indemnify The Company against any claims arising from the vessel’s operations or crew conduct.

4. Suez Canal Transit

Transit coordination is subject to the rules and regulations of the Suez Canal Authority (SCA). The Company facilitates documentation and dues settlement but is not responsible for SCA-imposed fines or vessel technical failures during transit.

5. Payment Terms

Final invoices and settlement of the Disbursement Account (D/A) shall be completed within 72 hours of the vessel’s departure, unless otherwise agreed in writing.

6. Jurisdiction

These terms are governed by the laws of the Arab Republic of Egypt. Any disputes shall be subject to the exclusive jurisdiction of the maritime courts in Cairo or Suez.