Y M Mars Tankers Ltd v Shield Petroleum Co (Nigeria) Ltd and Another (The "Y M Saturn") - QBD (Comm Ct) (Gloster J) - 27 February 2012

Practice - Anti-suit injunction - Cargo receivers bringing claim against shipowners in Nigeria for US$13 million - Shipowners obtaining anti-suit injunction on basis of charterparty "Law and Litigation Clause" providing for English High Court jurisdiction for claims exceeding US$50,000 and for London arbitration for claims below that amount - Receivers applying to discharge injunction - Whether bill of lading incorporating terms of governing charterparty "including the Law and Arbitration Clause" had effect to incorporate the "Law and Litigation Clause" - Whether injunction should be discharged

On 4 September 2011 the claimant owners chartered their vessel YM Saturn to Fleet Trade & Transport Inc (“Fleet”) on an amended Shelltime 4 form (“the charter”).