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Charterparty - Nominated vessel in repudiatory breach by refusing to load cargo - Measure of damages - Charterers claiming indemnity in respect of loss incurred by sister company

Company “A”, based in Singapore, was a trading company which worked very closely in trading matters with a sister company, company “B”, which was based in the United States. The trading pattern was for one company to organise the purchase and another the sale of a particular commodity, with the company involved in selling the commodity being the sole contracting party, at least as regards the sale contract.