Commercial Maritime Law
Art. 163Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The lessor shall recover his right to dispose of the vessel if the charterer fails
to pay the hire within three days from the date of notification. In such event, the
lessor shall carry the charterer’s goods on board to the port of destination in
consideration of quantum meruit freight, without prejudice to his right to claim
compensation.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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