OCEANOGRAFIA SA DE CV v DSND SUBSEA AS (THE “BOTNICA”)

[2007] 1 Lloyd's Rep. 37

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.