Damages For Late Redelivery

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Time Charter - Shelltime 4 - Damages For Late Redelivery

    https://www.steamshipmutual.com/publications/Articles/Articles/Time_LateRedelivery.asp
    The vessel was delivered on 14 November 1996 and was therefore due for redelivery on 14 December 1996. The actual redelivery date was 7 March 1997. In London Arbitration the owners’ claim was for damages representing hire for the period from the due date of redelivery to the actual date of redelivery.

Damages For Late Redelivery - Newsletters - International ...

    https://www.internationallawoffice.com/Newsletters/Shipping-Transport/United-Kingdom/Ince-Co/Damages-For-Late-Redelivery
    Oct 29, 2008 · The majority held that missing a subsequent fixture was a “not unlikely” result arising from late redelivery of the vessel, taking the view that in “today’s market”, with its ease of communication and higher emphasis on maintaining vessels in almost continuous employment, such “not unlikely results are known, recognized and accepted ...

Damages Following Late Redelivery - The "Achilleas" Affirmed

    https://www.steamshipmutual.com/publications/Articles/AchilleasAppeal0907.html
    Owners claimed as damages for late redelivery the drop in the Cargill charter hire rate for the entire period of that fixture (which lasted 191 days) – a total of US$ 1,364,584 [12] . In the alternative, the owners claimed US$ 158,301.17 which was the difference in the market rate of hire and the contractual rate of hire for the period of the ...

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 - Late re-delivery under a charterparty - Los ...

    http://www.gard.no/web/updates/content/52036/english-law-late-re-delivery-under-a-charterparty-lost-fixture-profits-not-recoverable
    English law – Late re-delivery under a charterparty – Lost fixture profits not recoverable. A recent case decided by the House of Lords has generated enormous interest and concerns the issue of how damages for late vessel re-delivery are to be assessed and, in particular, whether damages for …

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 ...

Defence Guides Late redelivery in a nutshell

    https://www.westpandi.com/getattachment/2babce9c-7928-4703-bdbc-6bf6f0b3ac48/defence-guide_late_redelivery_2pp_v2_lr.pdf?disposition=attachment
    Damages If the ship is redelivered late, charterers have to pay hire until redelivery together with damages. The normal measure of damages is the difference between hire earned under the charter and what would have been earned on the market for the overrun period: (Market rate – C/P rate) x period overrun = Damages How to calculate the period

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