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Over performance in the first period could not be credited against under performance (over consumption of bunkers) in the second period because the time charter provisions did not envisage a single calculation being done for the entire charter period.
Case note by Jim Leighton, BSc (Hons), LLB (Hons), LLM (Maritime Law), Solicitor of England & Wales, Foreign Qualified Lawyer (Practising Foreign Law) in Singapore, Associate at Hill Dickinson LLP and International Contributor to DMC’s CaseNotes [1http://www.jimleighton.co]
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