Court documents show that a US$27 million dispute was settled on the definition of two short words, “to be”, with Allseas Global Management Logistics (AGML) defining it as some time the future, and owner SFL’s claiming that in this instance it was confirming agreement.
AGML and vessel owner, the Fredriksen company SFL, entered into protracted negotiations over the charter of the 1,750 TEU Green Ace from the Norwegian company to the UK-based logistics firm’s subsidiary Allseas Global Project...
https://container-news.com/allseas-green-ace-ruling-a-tale-of-two-definitions/