Delivery Redelivery Ship

Ship is described in the charter as being let to the charterer, who takes delivery and in due course redelivers it  back  to  owners. These  words  are misleading, since they give the impression that owners are giving up possession of the vessel to charterers. Such an impression is inaccurate. A time charterer does not have any right of possession over the ship. The term ‘delivery’ simply means that the owner places the vessel and her crew at the disposal of charterers to render the agreed services. ‘Delivery’ and ‘redelivery’ are accordingly used to describe when the charter period begins and ends.