Lloyd's Maritime Law Newsletter
London Arbitration 21/17
Charterparty – Redelivery – Damages – Vessel redelivered early – Whether charterers renounced charterparty – Measure of damages for early redelivery
On
8 August 2015 the subject vessel was chartered on an amended Shelltime 4
charter for a period of 12 months with an option for a further 12 months plus
or minus 30 days. The hire was US$70,000 per day.