Lloyd's Maritime Law Newsletter
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Time charterparty - Calculating rate of hire
Hire was payable at a stated rate per calendar month, commending on and from the day of the vessel’s delivery into service
under the charter, and “at and after the same rate for any part of a month”. The ship was delivered on 23 October and re-delivered
on 9 December 1978. There was a dispute as to how the hire was to be calculated.