Wear and Tear

You are here:

Wear and Tear

Wear and tear refers to the damage or deterioration that naturally and inevitably occurs as a result of normal wear or aging. It is particularly relevant in the context of:

Equipment Maintenance: Regular use of any maritime equipment, such as the hull, sails, deck, and mechanical systems of a ship, will lead to wear and tear.
Leasing Agreements: In leasing agreements, such as charter parties, wear and tear is often accounted for in the contractual language, indicating that minor and inevitable deterioration is expected and not subject to damage claims.

 

Read More:

What is Yawl?