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Lloyd's Law Reports

GEOGAS S.A. v. TRAMMO GAS LTD. (THE “BALEARES”)

[1993] 1 Lloyd's Rep. 215

COURT OF APPEAL

Before Lord Justice Neill, Lord Justice Ralph Gibson and Lord Justice Steyn

Charter-party (Voyage) - Cancellation - Vessel and substitute vessel unable to meet e.t.a. and cancelling dates - Arbitrators held charterers entitled to recover loss caused by increase in market price due to “hype” - Whether such damages irrecoverable - Whether owners’ breach caused loss.

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