Soufflet Negoce v Bunge SA
The requirement under Clause 6 of GAFTA contract form no. 49 is satisfied if the vessel is presented at the loading port and it is physically and legally possible for the Sellers to load. There is no requirement that the vessel be ready to load in all respects as would justify a valid NOR under a charterparty. The...
Source-derived case information.
- Parties
- Appellant: Soufflet Negoce; Respondent: Bunge S.A.
- Jurisdiction
- England and Wales
- Judgment Date
- 13 October 2009
- Procedural Posture
- Commercial Appeal / Judgment on Appeal From Arbitration
- Outcome
- appeal dismissed
- Legal Topics
- FOB Contracts, Readiness to Load, GAFTA Contract Interpretation, Delivery Obligations
Source-derived case record
Summary, issues, holding and outcome
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Parties
Soufflet Negoce
Appellant
Bunge S.A.
Respondent
Procedural Posture
Commercial Appeal / Judgment on Appeal From Arbitration
Legal Issues
- 1 What is the degree of readiness required for a vessel under Clause 6 of GAFTA contract form no. 49?
- 2 Does the vessel need to be ready to load in all respects as for a valid NOR, or is physical and legal possibility to load sufficient?
Ratio Decidendi
The requirement under Clause 6 of GAFTA contract form no. 49 is satisfied if the vessel is presented at the loading port and it is physically and legally possible for the Sellers to load. There is no requirement that the vessel be ready to load in all respects as would justify a valid NOR under a charterparty. The Sellers' obligation is to load if it is practical to do so, and they cannot refuse on the grounds of their own reservations as to the vessel's fitness.
Court Disposition
appeal dismissed
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