CHARTERING TERMS ( SHEX , SHEX EIU / UU , SHINC )

Basically SHEX term favours Charterers as it Sundays and holidays are to be excepted from the counting of laytime. Normally this term applies as it
would not be usual to carry our cargo operations in some countries. But however it has become common that Charterers quote SHEX terms because
it gives them more time to complete cargo operations and finish within the laytime allowed without incurring demurrage. In some cases Charters
even quote SHEX EIU (Even If Used) which means layitme will not be count even if cargo operations are carried out on these days. Similarly SHEX UU
(Unless Used) refers only to actual time used for cargo operations.
SHINC terms on the other hand are Ship Owners' terms. It means laytime is continuous including Sundays and other Holidays which is of advantahe
to Ship Owners.
We can also see FXEX (Friday Holiday Excluded) and FHINC (Friday Holiday Included)in the case of Islamic countries as they observe friday as
holidays.