Global Source Marine

Terms and Conditions

Global Source Marine Terms and Conditions

1. Introduction

These Terms and Conditions (“Terms”) govern your use of Global Source Marine’s (“we,” “our,” or “Company”) services, website, and products. By accessing or using our services, you agree to be bound by these Terms.

2. Definitions

  • “Services” refers to all marine equipment, shipping, logistics, and related services provided by the Company
  • “Products” refers to all marine equipment, parts, and materials sold by the Company
  • “Client” or “Customer” refers to any individual or entity purchasing or using our services or products

3. Service Terms

3.1 Orders and Quotations

  • All quotations are valid for 30 days unless otherwise specified
  • Prices are subject to change without notice
  • Orders are subject to acceptance by the Company
  • All prices are exclusive of taxes, duties, and shipping costs unless explicitly stated

3.2 Delivery and Shipping

  • Delivery times are estimates only and not guaranteed
  • Risk passes to the customer upon delivery
  • The Company is not liable for delays caused by third-party shipping providers
  • Additional charges may apply for special handling or expedited shipping

3.3 Payment Terms

  • Payment terms are specified on invoices
  • Full payment is required before shipment unless credit terms are agreed
  • Late payments are subject to interest charges of 1.5% per month
  • All bank charges and transfer fees are the responsibility of the customer

4. Product Warranty

4.1 Warranty Coverage

  • New products carry manufacturer’s warranty
  • Used products are sold “as-is” unless otherwise specified
  • Warranty period begins from date of delivery
  • Installation must be performed by qualified personnel to maintain warranty

4.2 Warranty Exclusions

  • Damage from improper use or installation
  • Normal wear and tear
  • Modifications by unauthorized personnel
  • Damage from environmental conditions
  • Consequential damages

5. Liability and Limitations

5.1 Company Liability

  • Limited to purchase price of products or services
  • No liability for consequential damages
  • No liability for third-party claims
  • Force majeure events exclude liability

5.2 Customer Responsibilities

  • Proper maintenance of equipment
  • Compliance with manufacturer guidelines
  • Proper training of operators
  • Maintaining necessary permits and licenses

6. Intellectual Property

  • All intellectual property rights remain with the Company
  • Use of trademarks requires written permission
  • Documentation may not be reproduced without consent
  • Custom designs remain Company property unless agreed otherwise

7. Confidentiality

  • Both parties must maintain confidentiality of business information
  • Non-disclosure agreements may be required for specific projects
  • Information sharing limited to need-to-know basis
  • Confidentiality survives termination of business relationship

8. Termination

8.1 Termination Rights

  • Company may terminate for breach of terms
  • Customer may terminate with written notice
  • Pending obligations survive termination
  • Prepaid fees non-refundable unless agreed

8.2 Post-Termination

  • Return of confidential information
  • Settlement of outstanding payments
  • Cessation of intellectual property use
  • Survival of relevant terms

9. Dispute Resolution

  • Disputes resolved through negotiation first
  • Mediation if negotiation fails
  • Arbitration as final resort
  • Governing law of [Jurisdiction]
  • Legal fees borne by unsuccessful party

10. Amendments

  • Terms may be updated without notice
  • Changes effective upon posting
  • Continued use constitutes acceptance
  • Regular review of terms recommended

Last Updated: January 2025