Public Company Rise v Nibulon S.A

Shipping – Charterparty. In a shipping dispute concerning a contract made subject to the GAFTA78 terms, the GAFTA board of appeal made an award which involved findings relating to cl 17 of GAFTA78. The Commercial Court considered three questions about the interpretation of cl 17 of GAFTA78. As a result of its findings, the award would be remitted for further consideration by the appeal board.

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