OCM SINGAPORE NJORD HOLDINGS HARDRADA PTE LTD AND OTHERS v GULF PETROCHEM FZC

[2023] Lloyd's Rep Plus 26

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before His Honour Judge Pelling QC, sitting as a Judge of the High Court

Contracts (Letters of indemnity) – Letter of indemnity issued for the discharge of a cargo of hydrocarbons – Authority to sign letter of indemnity – Actual authority – Apparent authority – Ratification – Financial impossibility – Permission to amend defence – Summary judgment.