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ARTICLE · 01 AUGUST 2008

Defining Delivery Periods

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The High Court's decision in Cereal Investment Co (CIC) SA v. ED&F Man Sugar Ltd [2007] EWCA Comm. 2843 concerns how parties define delivery periods in international sale contracts.

United KingdomInternational Law

The High Court's decision in Cereal Investment Co (CIC) SA v. ED&F Man Sugar Ltd [2007] EWCA Comm. 2843 concerns how parties define delivery periods in international sale contracts.

The case concerned a sale of sugar by ED&F Man to CIC FOB Santos. The "Shipment Period" clause in the contract stated, "One vessel only presenting October 2006 Shipment at Buyer's Option, with 10 days pre-advise of vessel arrival". The contract incorporated the Refined Sugar Association rules, which provide that if a vessel is presented for loading within a contractual delivery period and loading is not completed by the last day of the period, the seller must deliver and the buyer must take delivery of the cargo.

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