Damages For Early Redelivery Of Vessel

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Assessing measure of damages in early redelivery case in ...

    https://www.incegd.com/en/knowledge-bank/assessing-measure-of-damages-in-early-redelivery-case
    Whilst the details of the assessment of damages in the Achilleas and the Great Creation are different, the result in both cases involved a confirmation that, in situations involving early redelivery or late redelivery, losses are payable for the actual underlap or overlap period in the orthodox way, as opposed to damages for the loss of a ...

Damages for early redelivery under a time charter and the ...

    https://www.incegd.com/en/knowledge-bank/damages-for-early-redelivery-under-a-time-charter
    Under a long term time charter, the earliest the Sub-Charterers could redeliver the vessel was 27 June 2009. In breach of this, they purported to redeliver the vessel in early January 2009 and on 5 January, the Disponent Owners accepted this repudiatory breach and terminated the sub charter.

Mitigation and the assessment of damages on early ...

    https://www.shiplawlog.com/2016/03/02/mitigation-and-the-assessment-of-damages-on-early-redelivery-the-new-flamenco-2/
    Mar 02, 2016 · Mitigation and the assessment of damages on early redelivery – “The New Flamenco” Assessing the level of damages recoverable following the early redelivery of a vessel under a time charter can be a complex area of law to navigate, especially when there is no available market at the date of the termination of the charter.

Damages for late or early redelivery under time charterparties

    https://www.i-law.com/ilaw/doc/view.htm?id=172565
    Damages for late or early redelivery under time charterparties David Foxton * The principles which determine what damages are recoverable for, respectively, late and early redelivery of a vessel under a time charter have been the subject of recent decisions in The Achilleas and The Golden Victory .

English law - Early re-delivery under a time charter - GARD

    http://www.gard.no/web/updates/content/20734097/english-law-early-re-delivery-under-a-time-charter
    English law – Early re-delivery under a time charter. In a case involving early re-delivery the English High Court has allowed owners to affirm the charterparty and hold the charterers liable for hire for the balance of the minimum period of the contract.

Redelivery under time charters - UK P&I

    https://www.ukpandi.com/knowledge-publications/article/redelivery-under-time-charters-1485/
    Feb 14, 2001 · An early redelivery is a breach if a final voyage could have been made with an expected overlap shorter than the period of underlap. The determination of whether a final voyage is required (unless Charterer chooses to keep the vessel idle and pay hire until the end of the "flat period") is to be made as of the time the voyage

Early Redelivery Article Chambers and Partners

    https://chambers.com/articles/early-redelivery
    Nov 29, 2016 · The standard approach by the Courts for measuring damages for early redelivery is the difference between the charter rate and the market rate for the vessel, determined as at the date of the termination of the charter, for the unexpired term of the charter.

Early redelivery – what is the damage? - Newsletters ...

    https://www.internationallawoffice.com/Newsletters/Shipping-Transport/United-Kingdom/Wikborg-Rein/Early-redelivery-what-is-the-damage
    Feb 25, 2015 · The standard approach by the courts for measuring damages for early redelivery is the difference between the charter rate and the market rate for the vessel (determined as at the date of termination of the charter) for the unexpired term of the charter.

Early Redelivery Of Vessels: Repudiation And Its ...

    https://www.mondaq.com/uk/Transport/183064/Early-Redelivery-Of-Vessels-Repudiation-And-Its-Consequences-In-The-Current-Market
    Jun 21, 2012 · Option B: Alternatively, Owners may accept early redelivery, terminate the charterparty, and bring a claim for damages in arbitration at court, such claim generally being for the difference between the contractual rate of hire and that obtainable on the open market from the date of termination until the end of the original charterparty period.Author: Brian Nash

Time charterparty: damages for early redelivery Weightmans

    https://www.weightmans.com/insights/measure-of-damages-for-early-redelivery-under-a-time-charterparty/
    In an important case on measure of damages and mitigation of loss the Court of Appeal has considered whether, following early wrongful termination of a time charter, the benefits to the owner arising from an immediate sale of the vessel should be taken into account when calculating the damages payable by the charterers to the owners. FactsAuthor: Phil James

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