Lloyd's Law Reports

AITEO EASTERN E&P CO LTD v SHELL WESTERN SUPPLY AND TRADING LTD

Arbitration – Jurisdiction – Optional arbitration clause – Whether option to arbitrate had been exercised – Effect of exercise of option – Arbitration Act 1996, section 67.

[2023] 1 Lloyd's Rep. 1

OCM MARITIME NILE LLC AND ANOTHER v COURAGE SHIPPING CO AND OTHERS (THE “COURAGE” AND THE “AMETHYST”)

Charterparty (demise) – Effect of sanctions – Registered owner seeking possession of vessels – Construction of charterparty terms – Entitlement to buy vessel at end of charterparty period – Relief from forfeiture – Risk of becoming subject to sanctions regime – Barecon 2001.

[2023] 1 Lloyd's Rep. 13

OVERSEA-CHINESE BANKING CORPORATION LTD v OWNER AND/OR DEMISE CHARTERER OF THE VESSEL “STI ORCHARD” WINSON OIL TRADING PTE LTD (INTERVENING)

Contract (bills of lading) – Breach – Misdelivery – Delivery of cargo without production of the bill of lading – Rights of suit of bank holding bills of lading – Lawful holder – Possession in good faith – Consent to discharge without production of bill of lading.

[2023] 1 Lloyd's Rep. 22

PJSC NATIONAL BANK TRUST AND ANOTHER v MINTS AND OTHERS

Arbitration – Effect of arbitration award on third parties – Privity principle – Issue estoppel – Abuse of process – Arbitration Act 1996, sections 58 and 82.

[2023] 1 Lloyd's Rep. 37