We would like to inform all subscribers once again that the Worldscale Association is a strictly non profit making organisation with it’s only income from subscriptions. Any excess funds are ploughed back into the organisation in an effort to keep abreast of the latest technology in order to be able to provide a better service. With the recent mergers of oil majors and other companies subscription numbers and Worldscale revenue has fallen. This has been exacerbated by the minority of subscribers we have found to be passing on rates and information to those users who avoid paying for a subscription. Subsequently ‘excess funds’ is a rare occurrence these days. If all those who use Worldscale were to use it legitimately then there would be sufficient funds to move forward every year and maybe even lower subscription levels.
Worldscale is non profit making and is ‘sponsored ‘ by the industry to provide a necessary service and ‘chartering tool ‘ for all concerned in the shipping of oil in bulk. A subscription works out at around ten US dollars per day. The inherent spirit since Worldscale’s inception has been one of mutual and interactive cooperation between the Associations and it’s faithful subscribers. We hope to be able to keep it that way.
BECAUSE OF THE NUMBER OF SOURCES FROM WHICH THE WORLDSCALE ASSOCIATIONS OBTAIN CONTENT AND THE NATURE OF ELECTRONIC DISTRIBUTION VIA THE INTERNET (OR OTHER ELECTRONIC DEVICES), THE WORLDSCALE ASSOCIATIONS DO NOT GIVE ANY WARRANTIES IN RESPECT OF THE SITE CONTENT TO THE EXTENT ALLOWED BY APPLICABLE LAW, THE WORLDSCALE ASSOCIATIONS HEREBY DISCLAIM ALL WARRANTIES, CONDITIONS OR DUTIES OF EVERY NATURE WHATSOEVER (EXCEPT ANY DUTIES OF GOOD FAITH), INCLUDING WITHOUT LIMIATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR OF FITNESS FOR A PARTICULAR PURPOSE, ANY EXPRESS OR STATUTORY WARRANTIES, ANY WARRANTIES OR DUTIES REGARDING ACCURACY, TIMELINESS, COMPLETENESS, PERFORMANCE, LACK OF NEGLIGENCE OR OF WORKMANLIKE EFFORT.
NO INCIDENT OR CONSEQUENTIAL DAMAGES
TO THE FULL EXTENT ALLOWED BY APPLICABLE LAW, YOU AGREE THAT THE WORLDSCALE ASSOCIATIONS WILL NOT BE LIABLE TO YOU AND/OR ANY THIRD PARTY FOR ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES (INCLUDING BUT NOT LIMITED TO, LOST PROFITS, LOSS OF PRIVACY OR FOR FAILURE TO MEET ANY DUTIES INCLUDING, BUT NOT LIMITED TO, ANY DUTY OF GOOD FAITH, LACK OF NEGLIGENCE OR OF WORKMANLIKE EFFORT) OR FOR ANY OTHER INDIRECT SPECIAL, OR PUNITIVE DAMAGES WHATSOEVER ARISE OUT OF OR ARE RELATED TO THE SITE OR TO ANY BREACH OF THESE TERMS BY THE WORLDSCALE ASSOCIATIONS, EVEN IF THE WORLDSCALE ASSOCIATIONS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND EVEN IN THE EVENT OF FAULT, TORT (INCLUDING NEGLIGENCE) OR STRICT LIABILITY.
The first edition of the New Worldwide Tanker Nominal Freight Scale came into effect on 1st January 1989. This document is a revised edition and does not constitute a new or separate freight scale.
The Associations accept no responsibility for any loss (including consequential loss), expenses or damages arising out of any inaccuracy, breach of contract, the commission of any tort or any other infringement of any rule of law, duty or obligation recognised in any system of law, relating to the preparation of distribution of this document (and any amendment or supplement thereto) or to the contents thereof. No warranties are made, express or implied, with regard to the contents of this document, its merchantability, or fitness for a particular purpose.
The use of this document is limited to the Subscriber to whom it has been supplied who has undertaken not to permit its inspection by, or supply to, other persons, nor to reproduce it in whole or in part without the prior written permission of the Associations.
However subscribers may print completed voyage summaries from the website to assist in their everyday business.
While at all times we do endeavour to be as helpful as possible to our subscribers we do urge them to realise that it would be impossible to produce the Schedule and give a service at the current fee, if subscribers order additional Schedules to pass to other offices. This would also be an infringement of the copyright law in respect of Worldscale.