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Bareboat Charters

Bareboat Charters (c) 2025

Page 271

CHAPTER 32

Clause 32 – Repossession

32 Repossession

In the event of the early termination of this Charter Party in accordance with the applicable provisions of this Charter Party, the Owners shall have the right to repossess the vessel from the Charterers at its current or next port of call, or at a port or place convenient to them without hindrance or interference by the Charterers, Courts or local authorities. Pending physical repossession of the vessel, the Charterers shall hold the vessel as gratuitous bailee only to the Owners. The Owners shall arrange for an authorised representative to board the vessel as soon as reasonably practicable following the termination of this Charter Party. The vessel shall be deemed to be repossessed by the Owners from the Charterers upon the boarding of the vessel by the Owners’ representative. All arrangements and expenses relating to the settling of wages, disembarkation and repatriation of the Crew shall be the sole responsibility of the Charterers.

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