Charterparties: Law, Practice and Emerging Legal Issues

Page 91

Chapter 6

Damages for underlap in time charters: Three subversive suggestions

Damages for underlap in time charters: Three subversive suggestions

Professor Andrew Tettenborn

We have just lived through a seemingly interminable period of fragile finance and the flaccid freight rates that go with it. All this has, as one might expect, taken its toll on shipping, at its best a volatile business not well suited to the faint-hearted. In particular, the events of the last few years have led to a plethora of cases of charterers dropping charters as if they were hot potatoes. No wonder, then, that the remedies available to owners left in the lurch by such conduct have in turn become extremely significant, and lawyers who know about such things correspondingly in demand.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.