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All main topics / Naval Architecture / Marine Transport and Economics / 50 Essential Shipping Terms

Off-hire

Time Usually measured in days, during which charter hire payments are suspended because the vessel is not available to trade, for example because of a breakdown or routine repair time.

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Source: Maritime Economics, 3rd edition

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Author: andersson.j

Main topic: Naval Architecture

Topic: Marine Transport and Economics

School / Univ.: Chalmers

City: Gothenburg

Published: 15.10.2009

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