Charles Baker

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BALLAST BONUS


The meaning given at 1. is wrong, but would be correct if changed from "where the vessel shall be delivered to the owner" to "where the vessel shall be delivered to the charterer."
(If the vessel is sailing from its last port of discharge in order to be redelivered back to owners, it is still earning hire. No question of a 'bonus' arises.
Charles Baker - 29 December 2020