Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

ATTORNEY GENERAL OF THE REPUBLIC OF GHANA AND GHANA NATIONAL PETROLEUM CORPORATION v. TEXACO OVERSEAS TANKSHIPS LTD. (THE “TEXACO MELBOURNE”)

[1993] 1 Lloyd's Rep 471

COURT OF APPEAL

Before Lord Justice Glidewell, Lord Justice Leggatt and Lord Justice Hirst

Damages - Currency - Carriage by sea - Non-delivery - Defendants failed to deliver cargo of fuel oil to plaintiffs - Whether available market Italy or Takoradi - Appropriate currency in which plaintiffs’ loss should be assessed - Whether damages should be assessed in U.S. dollars or Ghanaian cedis.

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