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(a) to assess the meaning of the “due diligence” requirement in the shipowner’s obligation to provide a seaworthy vessel under the Hague/Visby Rules.
(b) to evaluate the following statement explaining both situations:
“The Dispatch money offers a great incentive to save time in the completion of loading and discharge but its operation is hindered when the charterparty does not specify whether it relates to “all time saved” or simply “lay-time saved”.

Each part of the required analysis should be of approximately equal length, both having to be illustrated by case and statutory law wherever appropriate.

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