Lloyd's Law Reports

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")

[2014] 2 Lloyd's Rep. 230

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice POPPLEWELL

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 the contractual date for redelivery - Whether owners bound to give credit for difference in capital values.

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