A v B

[2019] 1 Lloyd's Rep. 385

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Sir Cranston

Arbitration – Award – Serious irregularity – Appeal on points of law – Shipowners in breach of clause guaranteeing vessel's approval by oil majors – Whether tribunal guilty of serious irregularity – Whether tribunal erred in awarding charterers loss of profits in addition to wasted expenditure – Whether damages ought to have been awarded on loss of chance principle – Arbitration Act 1996, sections 68 and 69.