*Nidera BV v Venus International Free Zone for Trading & Marine Services SAE

Shipping – Bill of lading. In the course of a shipping dispute, the Commercial Court considered the meaning of cl 8 of the GAFTA 49 contract. It held that, on the evidence, there was no sound basis for departing from the view that where a timely notice was served, there was an unqualified right of extension under cl 8 of GAFTA 49.