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Article 158 of the Saudi Commercial Maritime Law

المادة 158 من النظام البحري التجاري · الفصل الثالث: إيجار السفينة المجهزة

A time charter of a fully equipped ship must state the names and addresses of both parties, the ship's name, nationality, tonnage, class and description, the rent or how it is calculated, and the charter period.

Official text (Arabic)

This article has not been amended since the law was issued.

يذكر في عقد إيجار السفينة المجهزة المحدد بالمدة ما يأتي:

1- اسم المؤجر والمستأجر، وعنوان كل منهما.

2- اسم السفينة, وجنسيتها, وحمولتها، ودرجتها، وغيرها من الأوصاف اللازمة لتعيينها.

3- مقدار الأجرة أو طريقة حسابها.

4- مدة الإيجار.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Article 158 explained in plain English

Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.

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Frequently asked questions about Article 158 of the Saudi Commercial Maritime Law

What particulars are required in a time charter of a fully equipped ship?

The names and addresses of the lessor and lessee, the ship's name, nationality, tonnage, class and description, the amount of the rent or how it is calculated, and the charter period.

Must the rent be stated as a fixed amount?

The article allows stating the amount of the rent or how it is calculated.

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The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.