General terms and conditions of sales

 

17. Payment

Payment terms are generally net 60 end of month (unless otherwise stated in the contract/purchase order). Goods and services will be considered accepted if upon receipt they are accepted without any claim by the Purchaser at final destination (vessel, office, the Purchaser’s facilities or the Purchaser’s Agent). In any event, returns, complaints and claims must be submitted within seven (7) working days after the receipt, as stated in the delivery note or in the handover/maintenance report. Payment periods shall be calculated after either the date of receipt of invoices or the date of receipt and acceptance of goods or services, whichever is later.