Alqanoni

Commercial Maritime Law

Art. 148
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. A charterparty shall terminate upon the expiry of its term, unless stipulated otherwise. 2. If the charterparty terminates during a voyage, it shall extend until the end of the voyage, and the lessor shall be entitled to the hire provided for in the contract for additional days. 3. The hire shall not be reduced if the vessel is returned before the charterparty Commercial Maritime Law terminates, unless agreed otherwise. Chapter 2: Bareboat Charterparty

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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