วารสารวิชาการนิติศาสตร์ มหาวิทยาลัยทักษิณ

Grace Period and Damages for Withdrawal The 2015 version has clearly revised the right of the shipowner to claim damages after the withdrawal of the vessel due to unpaid hire. Clause 11 determines the failure of the charterer to pay hire on time; the shipowner may give notification stated as to a grace period. The grace period has no longer been limited to delays in payment as a result of “oversight, negligence, errors or omissions on the part of the charterers or their bankers”, 60 and now refers simply to the failure to make hire payment on time. The removal of these statements protects the shipowner from the claim of wrongful withdrawal when the failure to pay is caused by something else. 61 The charterer now has the grace period of three banking days in which to rectify his position, regardless of the reason for failure. In the event of the charterer does not pay the hire due within the grace period, the clause gives the shipowner right to withdraw and end the charterparty. The new wording of Clause 11(d) is reflected in two conflicting decisions concerning whether the shipowner can claim damages for the loss of the period remaining in the charterparty after withdrawal of the service. In a case in 2013, Flaux J held in The Astra 62 that the obligation to make hire payment on time was the condition which even one late payment would allow the shipowner to treat the charterers as a repudiatory breach, while the case in 2015, 60 NYPE 2015 Time Charter Party Explanatory Notes 13 61 David McKie and Miranda Hearn (n 45) 62 Kuwait Rocks Co (n 13) วารสารวิชาการนิติศาสตร์ มหาวิทยาลัยทักษิณ ปีที่ 6 ฉบับที่ 8 กรกฎาคม 2560 - มิถุนายน 2561 133