LOI against delivery of cargo without B/L

摘要

Contract - Letter of indemnity - Ship owners delivering cargo without production of bills of lading - Whether ship owners entitled to enforce letter of indemnity issued by receivers -Whether "delivery" under letter of indemnity - Whether receivers entitled to rely on defence of public policy - Contracts (Rights of Third Parties) Act 1999. Great Eastern Shipping Co. Ltd. v Far East Chartering Ltd. and Anr (The "Jag Ravi") - QBD (Comm. Ct.)(HHJ Mackie QC sitting as a Judge of the High Court) - 27 May 2011 On 23 July 2008 an Indonesian company ("the shippers") entered into a sale contract ("the sale contract") to supply shipments of coal FOB to a Swiss company Visa Comtrade AG ("Visa"). On 10 September 2008 the first defendant ("FEC"), an associated company of Visa, chartered the vessel Jag Ravi to carry one of the shipments, a quantity of 44,104 mt of coal.