GOLDEN STRAIT CORPORATION v NIPPON YUSEN KUBISHIKA KAISHA

[2005] 2 Lloyd's Rep. 747

COURT OF APPEAL

Before Lord Justice Auld, Lord Justice Tuckey and Lord Mance

Charter-party (Time) - Damages - Each party having right to cancel charter in event of war between UK and Iraq - Charter-party to terminate in 2005 - Repudiation of charterparty by charterers in 2001 - War breaking out in 2003 - Owner’s measure of damages - Whether damages ran from date of repudiation to outbreak of war in 2003 or from date of repudiation to later date on which charter-party due to terminate - Arbitration Act 1996, section 69.