Commercial Maritime Law
Art. 172Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
The charterer may terminate the charterparty at any time prior to
commencement of loading of goods, and shall compensate the lessor for any
damage sustained thereby, provided that the compensation does not exceed
the agreed-upon hire amount.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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