OCEANOGRAFIA SA DE CV v DSND SUBSEA AS

[2006] Lloyd's Rep Plus 98

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Aikens

Arbitration – Jurisdiction – Parties orally agreeing terms of charter-party containing London arbitration clause – Contract to be “subject to the signing of mutually agreeable contract terms and conditions” – Contract terms and conditions signed by one party only – Whether agreement binding – Whether collateral condition precedent – Whether waiver by election – Whether estoppel by convention – Arbitration Act 1996, section 67.