Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

FULTON SHIPPING INC OF PANAMA v GLOBALIA BUSINESS TRAVEL SAU (FORMERLY TRAVELPLAN SAU) OF SPAIN (THE "NEW FLAMENCO")

[2016] Lloyd's Rep Plus 10

COURT OF APPEAL

Before Lord Justice Longmore, Lord Justice Christopher Clarke and Lord Justice Sales

Charterparty (Time) - Repudiation - Damages - Time-charterers redelivering vessel early - Owners selling vessel upon repudiation for a greater sum than the value of the vessel at contractual date for redelivery - Whether owners bound to give credit for difference in capital values.

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