Transgrain Shipping (Singapore) Pte Ltd v Yangtze Navigation (Hong Kong) Co Ltd

Shipping – Charterparty. The Commercial Court dismissed the claimant charterer's appeal against the finding of an arbitral tribunal that 'act' in cl 8 of the Inter-Club Agreement 1996 (the ICA) was to be distinguished from something suggesting fault, breach or neglect. On the true construction of the ICA, 'act' was intended to bear its ordinary and natural meaning and not to mean only culpable acts. The tribunal's construction of 'act' in cl 8(d) of the ICA, namely that it did not require fault, was correct.

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