The Nema - House of Lords - 16 July 1981 LMLN 45

Frustration by delay - When the court should interfere with an arbitrator’s decision

The appellants were charterers of the Nema , which was owned by the respondents. The parties used a standard form C (Ore) 7 as the basis of their agreement, but since this form was designed for use for a single voyage and the parties intended the vessel to make seven voyages it required substantial amendment and addition. It was for this reason that the finished product was referred to as “one-off” by Lord Diplock. (See LMLN 45)