Home ShipmanagementBunkering HFW Briefing: OW Bunker test case judgment handed down today – 14 July 2015

HFW Briefing: OW Bunker test case judgment handed down today – 14 July 2015

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HFW 14 July 2015

OW Bunker test case judgment handed down today – 14 July 2015

The English High Court today handed down a significant judgment in the ongoing OW Bunker saga, in which it upheld a tribunal’s decision that the Sale of Goods Act 1979 did not apply to the relevant bunker supply contract.

Owners of the RES COGITANS had applied for permission to appeal a recent London arbitration award in which the tribunal decided OW and their assignees ING Bank N.V. were entitled to payment for bunkers supplied, even in circumstances where OW did not own property in the bunkers.
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