Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

TRANSOCEAN DRILLING UK LTD v PROVIDENCE RESOURCES PLC (THE "GSF ARCTIC III")

[2016] Lloyd's Rep Plus 44

COURT OF APPEAL

Before Lord Justice Moore-Bick, Lord Justice McFarlane and Lord Justice Briggs

Contract - Hire of drilling rig - Exclusion clause - Hirer suffering loss of time due to owner's breaches of contract - Hirer claiming to recover additional overhead costs resulting from delays - Whether owner's liability excluded on basis that costs constituted "consequential loss".

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