{"id":943,"date":"2023-02-07T20:50:56","date_gmt":"2023-02-07T17:50:56","guid":{"rendered":"https:\/\/danilhristich.com\/?p=943"},"modified":"2026-05-28T11:03:10","modified_gmt":"2026-05-28T08:03:10","slug":"what-is-fosfa-hh54","status":"publish","type":"post","link":"https:\/\/danil-hristich.com\/en\/what-is-fosfa-hh54\/","title":{"rendered":"What is FOSFA HH54?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">\u0421\u043e\u0434\u0435\u0440\u0436\u0430\u043d\u0438\u0435<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/danil-hristich.com\/en\/what-is-fosfa-hh54\/#Short_answer\" title=\"Short answer\">Short answer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/danil-hristich.com\/en\/what-is-fosfa-hh54\/#Detailed_answer\" title=\"Detailed answer\">Detailed answer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/danil-hristich.com\/en\/what-is-fosfa-hh54\/#Where_to_find_FOSFA_HH54\" title=\"Where to find FOSFA HH54?\">Where to find FOSFA HH54?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/danil-hristich.com\/en\/what-is-fosfa-hh54\/#What_else_is_on_the_list_of_Optional_Special_Clauses\" title=\"What else is on the list of Optional &amp; Special Clauses?\">What else is on the list of Optional &amp; Special Clauses?<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>In contracts that incorporate FOSFA 54, references to FOSFA HH54 or simply HH54 might appear. What does this signify, and why is it necessary?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Short_answer\"><\/span>Short answer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>HH54 is a standard clause extending the shipment period. It&#8217;s optional because FOSFA 54 doesn&#8217;t inherently include an extension clause. This clause is part of FOSFA\u2019s Optional &amp; Special Clauses, available for purchase <a href=\"https:\/\/www.fosfa.org\/product\/optional-special-clauses\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Detailed_answer\"><\/span>Detailed answer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>FOSFA 54 is a standard CIF contract (Contract for vegetable and marine oil in bulk CIF delivered weights).<\/p>\n\n\n\n<p>One of the seller&#8217;s main obligations under CIF is to ship the goods within the shipment period. The obligation to ship is fulfilled as soon as the cargo is loaded on the vessel. The bill of lading date is the shipment date. The shipment period is a condition (i.e. essential term). If the bill of lading is dated a day after the shipment period, the buyer may reject the goods and claim damages.<\/p>\n\n\n\n<p>There are instances where a CIF seller might not ship the goods on time. Similarly, a FOB buyer might not present a vessel on time at the loading port. Many FOSFA forms account for such scenarios and provide for extension of shipment\/delivery clauses. However, there is no extension clause in FOSFA 54. HH54 fills this gap, serving as a standard extension clause, eliminating the need to draft a separate clause in the contract.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Where_to_find_FOSFA_HH54\"><\/span>Where to find FOSFA HH54?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>FOSFA offers a list of <a href=\"https:\/\/www.fosfa.org\/product\/optional-special-clauses\/\" target=\"_blank\" rel=\"noreferrer noopener\">Optional &amp; Special Clauses<\/a>, allowing parties to incorporate any clause they deem fit. HH54 is part of this list.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_else_is_on_the_list_of_Optional_Special_Clauses\"><\/span>What else is on the list of Optional &amp; Special Clauses?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Other clauses from the list:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NN \u2013 clause on the difference in delivered and mean quantity for Malaysian palm kernel oil (for use with FOSFA 54);<\/li>\n\n\n\n<li>AS37 \u2013 extension of shipment when buying and selling oil of Malaysian and Indonesian origin (for use with FOSFA 80 proforma);<\/li>\n\n\n\n<li>AS38 \u2013 application of different FOSFA regulations (for use with FOFSA 81, a proforma created jointly by the Palm Oil Refiners Association of Malaysia (PORAM) and the Malayan Edible Oil Manufacturers&#8217; Association (MEOMA));<\/li>\n\n\n\n<li>AS39 \u2013 warranty on the absence of animal proteins and fats in the goods<\/li>\n\n\n\n<li>AS40 \u2013 storage period for pre-shipment and at loading samples (for use with FOSFA 52, 53, 54, 80, 201 and 202);<\/li>\n\n\n\n<li>AS41\u2013 discount for high benzopyrene content in crude coconut oil;<\/li>\n\n\n\n<li>AS9 \u2013 restrictions on previous cargo on a vessel;<\/li>\n\n\n\n<li>EU1 \/ EU2 \u2013 application of regulation (EU) 579\/2014 to previous cargo on a vessel;<\/li>\n\n\n\n<li>AS42 \u2013 provision for a CIF seller&#8217;s nomination of a vessel and insurance (for use with FOSFA 2, 3, 5, 9, 11, 11A, 13, 16, 24, 25, 29, 36, 54 and 76);<\/li>\n\n\n\n<li>AS43 \u2013 provisions concerning the description of the goods, applicable standards and specifications, and qualification of analysts (for use with FOSFA 51);<\/li>\n\n\n\n<li>AS44 \u2013 additional pre-sampling provisions (for use with FOFSA 51, 52, 53, 54, 55, 56, 57, 80, 82, 93, 201 and 202);<\/li>\n\n\n\n<li>AS45 \u2013 provisions for documents bypass between the first seller and the last buyer in the string (for use with FOSFA 53).<\/li>\n<\/ul>\n\n\n\n<p>If you are involved in a FOSFA-based transaction and are unsure whether to include Clause HH54 or any other optional clause \u2014 feel free to contact me by <a href=\"mailto:danil@danil-hristich.com\">email<\/a>, <a href=\"https:\/\/t.me\/danilhristich\" target=\"_blank\">Telegram<\/a>, or <a href=\"https:\/\/wa.me\/380632956265\" target=\"_blank\" rel=\"noopener\">WhatsApp<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In contracts that incorporate FOSFA 54, references to FOSFA HH54 or simply HH54 might appear. What does this signify, and why is it necessary? Short answer HH54 is a standard clause extending the shipment period. It&#8217;s optional because FOSFA 54 doesn&#8217;t inherently include an extension clause. This clause is part of FOSFA\u2019s Optional &amp; Special<\/p>\n","protected":false},"author":1,"featured_media":935,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"rank_math_title":"FOSFA HH54. What is FOSFA HH54? \u2696\ufe0f Danil Hristich.","rank_math_description":"In contracts that incorporate FOSFA 54, references to FOSFA HH54 or simply HH54 might appear. What does this signify, and why is it necessary?","rank_math_focus_keyword":"","footnotes":""},"categories":[1],"tags":[14,352,353],"class_list":{"0":"post-943","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-main","8":"tag-fosfa","9":"tag-fosfa-54-2","10":"tag-fosfa-hh54"},"_links":{"self":[{"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/posts\/943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/comments?post=943"}],"version-history":[{"count":5,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/posts\/943\/revisions"}],"predecessor-version":[{"id":3182,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/posts\/943\/revisions\/3182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/media\/935"}],"wp:attachment":[{"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/media?parent=943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/categories?post=943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danil-hristich.com\/en\/wp-json\/wp\/v2\/tags?post=943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}