Independent journal on economy and transport policy
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Due diligence clause holds head charterer liable to shipowner
(Shipping Times)
April 10, 1998
By Selva Kumar
AHEAD charterer of a vessel has found itself fully liable to the vessel's owner under a "due diligence" clause in the charterparty after the vessel was damaged by fire due to deficiencies at a berth to which it had directed the ship.
However, the head charterer, which settled the owner in full, was later able to claim the money as ...... Read more on Shipping Times
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