August 5, 2026
Great Asia Maritime Ltd v Orion Shipping and Trading LLC [2026] UKSC 23
Buyers cancelled a ship sale contract under clause 14 of the Norwegian Saleform 2012 after sellers' negligent failure to deliver on time. The Supreme Court held buyers could recover loss of bargain damages of US$1.85m despite no repudiatory breach, upholding the Court of Appeal. Facts The parties entered into a...




