Orion Shipping and Trading LLC v Great Asia Maritime Ltd (The Lila Lisbon) [2025] EWCA Civ 1210 - Court of Appeal (Lord Justice Phillips, Lord Justice Nugee and Lord Justice Birss) - 2 October 2025

Ship sale - Sellers' default - Sellers failing to give timely notice of readiness - Buyer terminating agreement - Measure of damages - Loss of bargain - Whether sellers guilty of repudiation - Norwegian Sale Form 2012

This was an appeal by the respondent, Great Asia, against the decision of Dias J, [2025] 1 Lloyd's Rep 101, rejecting Great Asia's claim for damages for loss of bargain.