A time charterparty will usually allow the vessel to trade - TopicsExpress



          

A time charterparty will usually allow the vessel to trade worldwide, within Institute Warranty Limits (“IWL”). This will permit the charterer to order her to ports in waters that present a risk of hull fouling if the vessel remains idle there for a long time. In several areas, a vessel can be expected to wait for as long as one to two, or sometimes even three, weeks to berth – so fouling of her underwater parts will not be uncommon...
Posted on: Wed, 30 Oct 2013 14:04:12 +0000

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