THE BRIMNES (1975) - TERMINATION OF OFFERS: Revocation

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'Communication of withdrawal of an offer by telex is effective when it could be read, rather than when it is in fact read'

Failure to pay punctually on a charterparty will not amount to a repudiation in the absence of evidence of such an intention by the charterers. Payment is made when money is received by the creditor. The charterers hired a vessel "hire to be paid on…

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