Petroleo Brasileiro SA v Kriti Akti Shipping Co SA (The "Kriti Akti") - QBD (Com Ct) (Moore-Bick J) - 9 July 2003

Time charter - Whether legitimate last voyage - Meaning of expression "the period of this charter" in clause 18 of Shelltime 3 form

The tanker Kriti Akti was chartered on the Shelltime 3 form as amended for a period of 11 months, 15 days more or less in charterers' option. The vessel was delivered into service under the charter on 25 May 2000. The relevant provisions of the charterparty were: