Examples of Time Charterer in a sentence
Therefore, Ship Withdrawing is no cure-all, and dealing with the Time Charterer may often be the better approach to follow.
Most of the Time Charterparties include an Anti-Technicality Clause that provides that the Shipowner should give the Time Charterer a certain period of notice to correct the cause for delay of payment before exercising the right of withdrawal of the ship.
In this case, any Prepaid Hire would be returnable by the Shipowner to the Time Charterer as the Hire had not been effectively earned.
H-3.3 Time Charterer Protection and Indemnity (P&I) with P&I War Risk Coverage.
In the Evia (1982) case, a ship under a Time Charterparty, which stipulates the Time Charterer to order the ship to Safe Ports only, was ordered by the Charterer to steam to Basrah.