Six key questions concerning early re-delivery of vessels Taken from: Tanker Shipping & Trade April/May 2012
In today's market, charterers are increasing looking to re-deliver vessels early. Six common questions arise in such circumstances.
Do owners have to accept early re-delivery? Probably not. Owners could say “No thanks, we would rather you kept this ship until the charter period expires. If you do not want her for your own cargoes, then you can sub-let her.” In terms of legal analysis, the declaration by the charterers that they intend to give the ship back early is an “anticip....Please login to read the rest of this story
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