Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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A Case Study on Damage for Detention in Voyage Charter: Focused on the Judgment in Korea

항해용선계약에서 체박손해금에 관한 사례연구: 국내 판결을 중심으로

  • Yang-Kee Lee (Department of International Trade, Pusan National University) ;
  • Ki-Young Lee (Department of International Trade, Pusan National University) ;
  • Jin-Soo Kim (Department of International Trade, Pusan National University)
  • 이양기 (부산대학교 무역학과 ) ;
  • 이기영 (부산대학교 경제통상연구원) ;
  • 김진수 (부산대학교 무역학과)
  • Received : 2020.07.31
  • Accepted : 2020.08.28
  • Published : 2020.08.31
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Abstract

Freight charges are one of the major clauses in the voyage charter. However, in case of unexpected delays at loading and discharging ports, the owner of the ship would not be willing to cover the various costs he should bear by paying the freight receives from the charterer. Therefore, the shipowner, whose time and the ship would be both considered to be an expense, would try to reduce the laytime as least as possible when signing the charter party and to receive compensation such as demurrage and damage for detention from the charterer, just waiting for the agreed laytime to pass. In this study, we review the differences between demurrage and damage for detention and examine the acknowledgeable circumstances through the actual cases. Since the shipowner and the charterer do not often agree on the damage for detention from the respective contract, it is necessary to examine each. Besides, the shipowner and the charterer must acquaint the damage for detention and specify in a contract, to compensate for the actual loss of the shipowner.

Keywords

References

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