Petroleo Brasileiro SA v Kriti Akti Shipping Co SA (The "Kriti Akti") - Court of Appeal (Brooke and Mance LJJ and Park J) - 20 February 2004

Time charter - Shelltime 3 form - Whether legitimate last voyage

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: