Independent journal on economy and transport policy
13:40 GMT+1
Vessel's delivery date hinges on expiry of definite notice
(Shipping Times)
November 27, 1998
By Selva Kumar
UNLESS sellers of a vessel gave notice of actual readiness for its delivery, the date of delivery shall be on the expiry of the last "definite" notice of readiness that sellers gave their buyers, the English Court of Appeal has held.
This, said the court, provided certainty as to when buyers are required to make payment and is thus ...... Read more on Shipping Times
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