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A Study on the Loss Incurred by Withdrawal of Ship under Time Charter -Focused on the MT Kos Case-  

Han, Nakhyun (경남대학교 경상대학 무역학과)
Publication Information
Journal of Korea Port Economic Association / v.29, no.4, 2013 , pp. 265-288 More about this Journal
Abstract
The purpose of the study aims to analyse the loss incurred by withdrawal of ship under time charter based on the English Law with the MT Kos case. In this case, it is agreed that if the charterers had begun to make arrangements for the discharge of their cargo as soon as they received the owner's notice of withdrawal, the vessel would have been detained at Angra doe Reis for one day. As it was, she was detained there for 2.64 days. The issue is whether the owners are entitled to be paid for the service of the vessel during that 2.62 days, and for bunkers consumed in the same period. Their claim is put forward on three bases: (1) under clause 13 of the charterparty ; (2) under an express or implied new contract made after the vessel was withdrawn, to pay for the time and bunkers; and (3) under the law of bailment. The judge held they were entitled to succeed on basis (3), but rejected every other basis which they put forward. The Court of Appeal rejected the claim on all three bases, except that they allowed the owners to recover the value of bunkers consumed in actually discharging the cargo.
Keywords
Time Charter; Withdrawal of Ship; English Law; the MT Kos Case; Law of Bailment;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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