Terms and Conditions

Before using our services, we ask you to carefully read the following Terms and Conditions. These terms establish the rights and responsibilities of both the SIRCO and our clients.

Ship and Industrial Repair Company (SIRCO), S.A. will complete all services requested by our Clients or their Representatives, including but not limited to repairs, maintenance, inspections, etc., as described in our quotes or proforma requests. For every one of these services, contracts, treaties or other, the following terms and conditions are applicable: 

1. The services provided will exclusively adhere to the proforma request or quotations submitted by our company. Any additional service requested by the client will be quoted and performed separately from the original request and will be subject to the availability of personnel, parts, and materials at the respective time.
2. All services will be carried out under the direct supervision and responsibility of the Client and/or their Representatives. Our company is not liable for any losses, damages, or injuries arising from work carried out under these conditions. Any claims that arise will be reviewed, managed, and addressed by the Client and/or their Representatives.
3. If, during the course of the work, any person or equipment, including tools, materials, and machinery, belonging to our company, subcontractors, and related parties, is injured, damaged, or harmed, it will be the responsibility of the Client and/or their Representatives to compensate the affected party and cover all damages, direct and indirect, arising from this loss.
4. Our company is not liable for damages, injuries, losses, and delays resulting from labor strikes, explosions, fires, natural disasters, or other foreseen or unforeseen events for which our company is not responsible.
5. The credit period for all invoices issued to our Clients and/or their Representatives is 30 calendar days. This period will commence when the invoice is presented and delivered. If the invoice is not paid during this period, a cumulative monthly interest of 2% will be applied to the invoice. The non-application of this interest does not exempt our company from applying it at a later date.
6. Any additional costs incurred by our company during the process of collecting unpaid invoices will be compensated by the Client and/or their Representatives.

These Terms and Conditions are subject to the Laws and Regulations of the Republic of Panama. They are applicable to all work carried out by our company, in accordance with the proformas and service quotations accepted by our clients in advance.