TRANSWORLD OIL LTD. v. NORTH BAY SHIPPING CORPORATION (THE “RIO CLARO”)
[1987] 2 Lloyd's Rep. 173
QUEEN’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Staughton
Charter-party (Voyage) - Remoteness of damage - Exceptions clause - Vessel delayed in sailing from Greece - Charterers alleged delay breach of charter - Arbitrator held charterers’ loss caused by delay but too remote a consequence - Whether arbitrator had directed himself correctly - Whether owners could rely on exceptions clause.