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Lloyd's Maritime Law Newsletter

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Time charter period - Whether calculated on basis of local time or GMT

“There was then a difference as to whether the period of hire under the charter should be calculated on the basis of local time or on the basis of GMT. To resolve this question, each charter and its particular terms have to be looked at in order to endeavour to ascertain the intention of the parties, or at least the presumed intention, in the particular case in question.

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