Hoechst Celanese Chemical Group Inc and Anr v Ceres Hellenic Shipping Enterprises Ltd and Ors (The “Clipperventure L”) -Before Francis V Elias, Joseph J Homicki Jr and Dennis Hamilton (Chair) - 21 June 1996 (SMA Award No.3289)

CIF sale - Whether claimants had title to sue

The vessel Clipperventure L was chartered by Ceres Hellenic Shipping Enterprises Ltd (“Ceres”) to Hoechst Celanese Chemical Group Inc (“Hoechst”) on the Asbatankvoy form for the carriage of a cargo of Vinyl Acetate Monomer (“VAM”). The bills of lading said: