ABSTRACT
Where despatch is payable, the rate is almost always half the demurrage rate. 7.3 The most common interpretation given to despatch clauses is to say that the clause
provides for the shipowner to pay for all time saved to the ship, rather than working time saved, calculated in the way in which demurrage would be calculated, namely, without taking any account of the laytime exceptions. The alternative, but less common, meaning is to allow for such exceptions.
