NYPE -- TIME CHARTER -- NOTICE OF VESSEL REDELIVERY -- MEANING OF THE ACRONYM “WP” -- Charterer Award
After submitting an approximate notice of redelivery, Charterer revised the date of redelivery in order to complete an additional voyage. Though the revised date still fell within the contractually stated range of delivery, Owner rejected the change and withdrew the Vessel from Charterer's service. Charterer claimed damages, alleging wrongful withdrawal.