Time Charter. Redelivery.

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There is no possessory rights over the vessel vested in time charterers, therefore redelivery of vessel takes effect when the master is no longer under the charterer's orders but must consider himself under the orders of the owner.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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