Defence Guide - Early redelivery in a nutshell
When is the ship redelivered early?
1. Fixed period
How big is the margin?
2. Variable period
There will be no implied tolerance if the range is defined by a minimum and/or maximum period (“minimum 6 months, maximum 7 months”).
Trip time charter on a “without guarantee” duration
- Accept the redelivery and claim damages
- Refuse the redelivery with the ship remaining on hire without owners having to mitigate their loss
Owner’s refusal to take redelivery
What is a “wholly unreasonable”?
How much damages may the
What constitutes the “available
What if owners re-charter on a different market?
What if the owner finds a different market better paid than the “available market”?
What if there is no available
What if an event permitting termination of the original charter occurs after redelivery but before the end of the minimum period?
Taking the previous example (12 months C/P redelivered after 7 months), if an event permitting the termination of the charter occurred on the 9th month, then owners would