Lloyd's Shipping & Trade Law

Soufflet Negoce v Bunge SA [2009] EWHC 2454 (Comm)

Readiness to load – GAFTA form 49 clause 9 – Notice of Readiness (NOR)

The facts

The contract was for the sale of 15,000 tons of feed barley, FOB Nikotera, Ukraine; delivery 9-22 October 2006 at buyers’ call; weight and quantity to be final as issued by a GAFTA approved surveyor. Terms were provided as to laytime, demurrage or despatch, with laytime to commence upon issue of a valid notice of readiness. The sale contract also incorporated the GAFTA form No 49.

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