Coastal (Bermuda) Petroleum Ltd v VTT Vulcan Petroleum SA (The “Marine Star (No 2)) - QBD (Com Ct)(Mance J) - 24 June 1994

Damages - Sale of fuel oil - Sellers in breach of contract - Whether buyers entitled to damages in respect of loss of profits and liability to purchasers for loss of yield

The defendants agreed to sell to the plaintiffs a quantity of “50,000/55,000 metric tons sellers option outturn quantity” of “standard Russian E4 straight run fuel oil ex Black Sea” for delivery “CIF basis Aruba 4-10 August 1991”.