02 aug2017

Who will operate the vessels and who will organise the Watertruck loads?

The ‘Design and construction to use’ agreements concluded between all individual operators and Watertruck+ bvba stipulate that during the period of validity of this agreement (which starts upon signing and ends on December 31, 2020), Watertruck+ bvba continues to be the owner of the vessels and organises the loads. However, the individual operators will plan the loads and run the vessels.

After this period the operator is entitled to a call option allowing him to buy his order and continue using it. However, this use is subject to the obligation to comply with the Watertruck+ objectives for a period of at least 4 years. This means that vessels will enter the free market on 1st January 2025 at the earliest.

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