DLOSP (Dropping Last Outward Sea Pilot)

This expression is used to describe the point at which a time-chartered ship is “delivered” to the Charterer or “redelivered” to the shipowner. The place of delivery and redelivery are the places where the time charter commences or comes to an end. Normally, the place of actual delivery or redelivery and where an “on-hire survey” or “off hire survey” would be carried out would be a berth but the time from which hire is to be paid or until which hire is paid may be an “artificial” point such as when the ship has left the berth, and the pilot who assists with the navigation of the ship to the pilot station (outside the port limits) where the sea passage will commence, disembarks from the ship.