GREAT ASIA MARITIME LTD v ORION SHIPPING AND TRADING LLC (THE “LILA LISBON”)
[2026] Lloyd's Rep. Plus 69
SUPREME COURT
Before Lord Briggs , Lord Hamblen , Lord Burrows , Lord Stephens and Lord Doherty
Ship sale – Remedies – Seller’s default – Seller failing to give notice of readiness – Buyer terminating agreement – Damages – Loss of bargain – Norwegian Saleform 2012, clause 14 – Arbitration Act 1996, section 69.