Lloyd's Maritime Law Newsletter
Standard Chartered Bank v Dorchester LNG (2) Ltd (The “Erin Schulte”) – QBD (Admlty Ct) (Teare J) [2013] EWHC 808 (Comm) – 18 April 2013
Carriage of goods by sea – Title to sue – Whether confirming bank became lawful holder of bills of lading – Whether bank accepted delivery of bills – Meaning of “delivery” – Cause of delivery - Carriage of Goods by Sea Act 1992, sections 5(2)(b) and 2(2)(a)
On
26 March 2010 United Infrastructure Development Corporation (UIDC) agreed to
sell to Cirrus Oil Services Ltd (Cirrus) 18,000 mt of gasoil. On 23 April 2010 UIDC
agreed to purchase the gasoil from Gunvor International BV (Gunvor).