Great Asia Maritime Ltd v Orion Shipping and Trading LLC (The Lila Lisbon) [2026] UKSC 23 - Supreme Court (Lord Briggs, Lord Hamblen, Lord Burrows, Lord Stephens and Lord Doherty) - 22 July 2026

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 Saleform 2012

This was an appeal by Orion against the decision of the Court of Appeal, [2026] 1 Lloyd's Rep 125 (reversing Dias J, [2025] 1 Lloyd's Rep 101), awarding damages to Great Asia for loss of bargain.