Commercial Maritime Law

1. The lessor shall place a seaworthy vessel at the disposal of the charterer at the agreed-upon time and place for the agreed-upon use. 2. The lessor shall repair any damage sustained by the vessel or replace any damaged parts if such damage is caused by force majeure, defect in the vessel, or ordinary wear and tear. If such damage renders the vessel unusable for more than 24 hours, no hire shall be payable for any additional period the vessel remains out of commission.