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Lloyd's Maritime and Commercial Law Quarterly

Terminating a demise charter: is possession nine-tenths of the law?

The Hon Steven Rares*

The BARECON 2001 and 2017 forms expressly provide for the owner to terminate a bareboat or demise charterparty without taking actual physical possession of the ship. However, in The Chem Orchid, a judge of the Supreme Court of Singapore said that public policy requires the owner to retake physical possession before termination is effective. That reasoning conflicts with appellate decisions in Australia and England. This article explores the principles of maritime law, common law actions to vindicate rights to possession and in bailment as they bear on how an owner can terminate a demise charterparty.

Introduction

This paper concerns whether, as a matter of law, a shipowner must retake possession of his ship after exercising a contractual right to terminate a demise charter, to make the termination effective. As I seek to show, that is not the law. But, if it is, it would take the manner of termination of a demise charter of a ship out of step with the established common law as to how a ship can be sold or abandoned to an insurer while at sea and whether an owner or bailor is entitled to terminate the lawful possession of a person under a contract or bailment.
A ship is a chattel,1 albeit not like an ordinary chattel.2 That is because a working ship is a commercial enterprise, that can be a peripatetic home and workplace for her crew. The sale of, and transfer of title to, ships are subject to a mix of customary and statute law. In Australia, the United Kingdom and other common law jurisdictions, ships are goods within the meaning of statutes3 and entries evidencing (but not determinative of) title to a ship can be recorded under statutes.4

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