Lloyd's Maritime Law Newsletter
Terkol Rederierne v. Petroleo Brasileiro S.A. and another (The Badagry) - Court of Appeal (Sir John Donaldson M.R., Lloyd L.J. and Sir John Megaw) - 5 February 1985
Time Charter containing substitution clause - Whether owners entitled to substitute vessel after total loss of original vessel
The vessel
Badagry
was time-chartered for 8 years under a charterparty containing a substitution clause: