THE VICKY 1 AND THE FRONT ACE

[2008] EWCA Civ 101, Court of Appeal, Sir Anthony Clarke MR, Lord Justice Dyson and Lord Justice Jacob, 26 February 2008

Shipping - Admiralty – Collision – Damages – Loss of fixture – Charterparty (voyage) – Causation –Whether the loss of the fixture was caused by the collision or by a subsequent, unexplained – Whether the ballast / laden method or the time equalisation method should be used for calculation of damages – Whether loss of a chance

Following a collision between the Vicky 1, a tanker, and the Front Ace, a VLCC, the claimant owners of the Front Ace were given judgment against the defendant owners of the Vicky 1. Both parties appealed, owners of the Vicky 1 on the fixture point and the calculation of damages point, and the owners of the Front Ace on the loss of chance point.