Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

MERCURIA ENERGY TRADING SA v ONEX DMCC

[2026] 2 Lloyd's Rep 309

KING’S BENCH DIVISION(COMMERCIAL COURT)

Before Persey

Contract (sale) – Contract interpretation – Sale of unascertained goods – CIF – Cargo of fuel oil containing excess organic chlorides – Product description – Description of product in recap – General Terms and Conditions limiting scope of warranty – Loss of commercial identity – BP Oil International Limited General Terms and Conditions for Sale and Purchases of Crude Oil and Petroleum Products 2015 – Measure of loss – Sale of Goods Act 1979, section 53.

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