Question 3033 Deck General

The correct answer is D) loads and discharges its cargo in less time than specified. A clause in the charter party is a contractual agreement between the vessel owner and the charterer. If the vessel completes loading or discharging cargo in less time than the specified duration in the charter party, the owner is entitled to receive dispatch money as a reward for the early completion of cargo operations. This incentivizes the vessel owner to efficiently manage the loading and unloading process. The other options are incorrect because they do not align with the concept of dispatch money. Option A is about changing berths, which is not directly related to dispatch money. Option B is about the vessel not meeting the specified time, which would result in demurrage payments to the charterer, not dispatch money to the owner. Option C is about the vessel not being ready, which would not trigger dispatch money.