Lloyd's Maritime Law Newsletter

The defendant sellers sold the claimant buyers 25,000 metric tonnes of gasoil. Clause 10 of the contract provided that the quantity and quality of the cargo was: "... to be determined by a mutually agreed independent inspector at the loading..

Shipowners wished to appeal an arbitration award which was published on 23 January 2001. Both parties to the arbitration were entered in the same P & I Club, and a solicitor employed by the Club had acted for the charterers in the arbitration. ..

The claimant ("the buyer"), an Isle of Man company with no substantial assets, was the assignee of a shipbuilding contract. The shipbuilder ("the builder") had agreed to build a chemical tanker for US$38.5 million. Stage payments were to be made..