Shipping – Bill of lading. The starting point, when construing a commercial agreement which was subject to English law, was that the written contract was to be regarded as containing all the terms of the bargain between the parties. Further, in the case of a letter of indemnity, there was a strong presumption that it did so. Accordingly, the Court of Appeal, Civil Division, dismissed the charterers appeal against a decision that the letters of indemnity had to be read subject to the voyage charterparty.