Shipment of Oil in UK Law

Books & Journal Articles
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Law Firm Commentaries
  • Commodities Bulletin May, 2009
    • Mondaq United Kingdom
    • 1 de Junio de 2009
    ......the standard provisions that (1) the price of the oil would be set. by reference to published market prices at and around the date of. shipment; and (2) the price would be paid "without deduction,. offset or counterclaim". The cargo was shipped after the contractual shipment period, the. ......
  • Export Ban: Court Construes FOSFA 201 Prohibition And Default Clauses
    • Mondaq United Kingdom
    • 12 de Marzo de 2013
    ...... of the prohibition in accordance with the FOSFA 201 Prohibition clause incorporated into the sale contract, the result of which was that the shipment period was automatically extended by 30 days. At the same time however, the Sellers also purported to terminate the sale contract on the grounds of ......
  • Measure of Damages Recoverable for Anticipatory Repudiatory Breach of Sale Contract
    • Mondaq United Kingdom
    • 30 de Abril de 2010
    ......Although the parties continued to discuss new shipment dates, this did not prevent them from affirming the March contract on the basis of the March pricing declaration in the meantime. In the judge's ......
  • English Court Reviews The 'Fraud Unravels All' Principle In Enforcement Of CIETAC Arbitration Award, April 2017
    • Mondaq UK
    • 22 de Agosto de 2017
    ...... A letter of credit was issued by Rabobank Nederland (Rabobank) on 22 April 2010, which stipulated the latest date of shipment as 31 July 2010 (the Letter of Credit). However, on 12 June 2010 and, crucially, without the agreement of the Buyer, the Seller then instructed ......
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