The case of Reardon Smith Line Ltd v Hansen-Tangen (The Diana Prosperity) (1976) considered whether a vessel built at a different shipyard and under a different hull number than specified in the charterparty could be rejected by the charterers.
Reardon Smith Line Ltd v Hansen-Tangen (The Diana Prosperity)
Contract Interpretation Flexibility: The House of Lords emphasised that commercial contracts should be interpreted in a practical manner, focusing on the contract's purpose rather than adhering to overly technical or rigid interpretations that might distort the parties' intentions.