Transfield Shipping Inc v Mercator Shipping Inc (The “Achilleas”) – Court of Appeal (Ward, Tuckey and Rix LJJ) – 6 September 2007

Charterparty – Late redelivery under time charter – Damages – First limb of “Hadley v Baxendale” – Whether owners’ damages limited to difference between market rate and charter rate for overrun period – Whether owners entitled to damages for loss of profits under subsequent fixture

(2007) 727 LMLN 1