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It shall be noted, however, that sufficiently wide drawn exception clause may protect the shipowner from consequences of a Istros v Dahlstroem.
Time charters do not usually envisage any contractual transfer of liability such as voyage charters achieve with ‘charterparty bills of lading’ and ‘cesser’ clauses.
An important difference between voyage and time charters that the latter Popplewell J in makes it possible for the time charterers to circumvent rigidity of voyage charter rule of irrevocability of port election (see also Voyage Charters. To achieve this result charterers use so-called trip time charter where the vessel is timechartered for a duration of a trip.
Trip is usually described as an option to trade vessel between the port or range of ports: …
Delay is also treated differently under a time charter.
There is no direct equivalent to laytime and demurrage.
In addition, the charterparty will generally contain a warranty as to the speed at which the vessel will be able to proceed.
In the light of such express clauses, there will generally be no need for a charterer to argue in favour of an implied term that voyages be prosecuted with reasonable dispatch.
They involve no transfer of the possession of the vessel to the charterer; they are simply contracts for services to be provided by the ‘owner’ (who may or may not be the actual owner and frequently is just another charterer higher up the line) to the charterer. The owner receive his monthly payments by means of ‘hire’, calculated daily, but usually payable in advance.As a regular long-distance train traveller in Europe, I have to say that the opposite is true.High speed rail is destroying the most valuable alternative to the airplane; the "low speed" rail network that has been in service for decades.1 / 2 High speed rail is marketed as a sustainable alternative to air traffic.According to the International Union of Railways, the high speed train "plays a key role in a stage of sustainable development and combating climate change".
Basically, a time charter is a contract of lease of the vessel when the owners are paid irrespective whether their vessel employed during the time of lease or not, therefore apart from trip charter neither departure port nor the port of destination is of any importance for the owners.