PARTENREEDEREI M.S. KAREN OLTMANN v. SCARSDALE SHIPPING CO. LTD. (THE "KAREN OLTMANN")
[1976] 2 Lloyd's Rep. 708
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Kerr
Charter-party (Time) - Redelivery - Vessel chartered for period of two years - Option to redeliver prematurely "after 12 months trading" - Charterers exercised option after 22 months - Whether option could only be exercised when the vessel had traded 12 months - Whether pre-contractual telex exchanges could be referred to in support of owners' contentions.