NIARCHOS (LONDON), LTD. v. SHELL TANKERS, LTD.
[1961] 2 Lloyd's Rep. 496
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice McNair
Charter-party-Tonnage agreement-Substitution -Loss of vessel while under charter- Whether shipowners entitled to substitute another vessel - Right of shipowners to substitute one vessel for two vessels - Extent of charterers' right to disapprove substitute vessel.