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'''CARRIAGE OF FUEL OIL: VOYAGE CHARTERPARTY: NOVATION OF CHARTERPARTY TO NEW CHARTERERS: FAILURE TO ENDORSE THE BILL OF LADING: TITLE TO SUE SHIPOWNERS FOR MISDELIVERY: NEW CHARTERERS HAVING “LIQUIDITY DISTRESS: WHETHER A NEW CONTRACT “SPRANG UP” WHERE THE BILL OF LADING AS A RECEIPT WAS NOT ENDORSED'''
Note: In June 2023, this judgment has been upheld by the Court of Appeal on the issue of causation, but overruled on the bill of lading issue - see [[https://www.onlinedmc.co.uk/index.php/Unicredit_Bank_AG_v_Euronav_NV_-_The_Sienna]]
'''Summary'''