A Study On The Rights To Cancel Voyage Charter Parties

As we all know, voyage charter party (hereinafter referred to as V/C) is quite different from other kinds of contracts. As a part of the distinctive regime of maritime laws and customs, and greatly influenced by the principle of "freedom of contract" as well as each state's contract laws, V/Cs comprise many complicated problems, including the issue of this dissertation. That is, the V/C parties' right to cancel the contract. In this dissertation, firstly, the author tries to summarize the common feature of right to rescind contracts. And then place emphasis on voyage charter parties, in order to give a clear illusion on rights to rescind contracts in voyage charter party. And the author here has to point out that this dissertation mainly compares the laws and regulations of China and those of U. K., the former are our national laws, while the latter, mainly means the common law.