SEALACE SHIPPING CO. LTD. v. OCEANVOICE LTD. (THE “ALECOS M”)
[1990] 1 Lloyd's Rep. 82
QUEENS’S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Steyn
Arbitration - Award - Measure of damages - Vessel sold without spare propeller - Arbitrator awarded buyer scrap value of spare propeller - Whether arbitrator had erred in assessment of damages - Measure of damages to be adopted - Sale of Goods Act, 1979 ss. 51, 53.