Singapore Arbitration 4/19

Shipbuilding contract – Cancelling date – “No later than” date – Failure to procure extension of refund guarantee – Innominate term – Repudiatory breach of innominate term

The claimant was a ship builder. The respondenthad entered into a Shipbuilding Contract with the claimant for an offshore service vessel. The Shipbuilding Contract was subsequently amended by three Addenda dated 30 November, 30 December and 13 November across three different years.