Lloyd's Maritime Law Newsletter
Rheinoel G.m.b.H. v. Huron Liberian Co. (The Concordia C) - Q.B.D. (Com.Ct.) (Bingham J.) - 13 March 1985
Voyage charterparty - Measure of damages where substitute charterparty fixed after charterers’ repudiation
Owners chartered their vessel
Concordia C
to Rheinoel under a voyage charter. After the vessel arrived at the load port the cargo could not be supplied. The charterers
claimed the charter was frustrated. The owners refused to accept that. They treated the charterers’ conduct as a repudiation
of the contract, which they accepted. The owners then entered into an alternative charterparty with Marathon involving different
loading and discharge ports.