Both Ends (BENDS)
Also known as: both ends, bends, both ends for account
A chartering term meaning that certain costs or responsibilities apply at both the load port and the discharge port.
BENDS is a chartering term meaning that certain costs or responsibilities apply at both the load port and the discharge port. It is most commonly used in voyage charter parties to indicate that expenses such as port charges, pilotage fees, tug services, agency fees, or cargo handling costs are allocated to either the charterer or owner at both ends of the voyage. The term helps clarify which party is responsible for paying these costs during loading and unloading operations. It also defines how cost allocation is handled in the voyage settlement, reducing the potential for disputes. BENDS ensures that both ports are treated consistently with respect to charges and obligations, and it is often referenced in the charter party clauses relating to port expenses, duties, and operational responsibilities.
