Early Redelivery Damages

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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
    Available as a podcast [6:19m]. Glory Wealth Shipping Pte Limited v North China Shipping Limited (North Prince) [2010] EWHC 1692 (Comm) In this case, the Commercial Court confirmed the standard approach for assessing damages for early redelivery under a sub time charter, as per the Elena D’Amico.Mr Justice Steel rejected an argument by the Sub-Charterers that, when assessing damages under ...

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 .

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.

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.

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.

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

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.

Early redelivery: assessment of damages - Lexology

    https://www.lexology.com/library/detail.aspx?g=d28f5baf-69de-44fd-a510-31ec9d4113c4
    This case is important in clarifying the position in relation to the assessment of damages in early redelivery cases where there is no available market. In addition, the principles set out by the ...

Mitigation and the assessment of damages on early ...

    https://www.lexology.com/library/detail.aspx?g=49c1d1f1-f743-429a-84e7-bb75b67e3d23
    Mar 02, 2016 · Mitigation and the assessment of damages on early redelivery – “The New Flamenco" 1 Assessing the level of damages recoverable following the early redelivery of …

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