FOB SALES CONTRACT-- LETTER OF INDEMNITY -- WRONGFUL DELIVERY -- SALES CONTRACT -- Owner Award
The Vessel discharged cargo without presentation of Bills of Lading (B/Ls) per the Receiver's Letter of Indemnity (LOI) to the Voyage Charterer. FOB Seller successfully claimed damages from Owner for delivering cargo without presentation of the Bills of Lading with Owner subsequently claiming indemnity from Receiver as Owner had acted as an agent of Charterer as referenced within the LOI.