GEOGAS S.A. v. TRAMMO GAS LTD. (THE “BALEARES”)
[1993] 1 Lloyd's Rep. 215
COURT OF APPEAL
Before Lord Justice Neill, Lord Justice Ralph Gibson and Lord Justice Steyn
Charter-party (Voyage) - Cancellation - Vessel and substitute vessel unable to meet e.t.a. and cancelling dates - Arbitrators held charterers entitled to recover loss caused by increase in market price due to “hype” - Whether such damages irrecoverable - Whether owners’ breach caused loss.