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Lloyd's Maritime Law Newsletter

Coastal International Trading Ltd. v. Maroil A.G. - Q.B.D. (Com.Ct.) (Leggatt J.) - 23 October 1986

C.i.f. sale of goods - Seller’s repudiatory breach - Quantum of buyer’s damages

D agreed to sell about 50,000 tonnes of crude oil to P on c.i.f. terms. Both parties were oil traders. D failed to supply the oil and subsequently admitted liability for breach of contract. P sought damages based on loss of profits from a sub-sale to Shell or alternatively damages calculated in accordance with the market price.

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