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Regulation

Putting termination to the test

  • Analysis

IF A shipyard fails to perform a shipbuilding contract, and the buyers cancel the contract, what damages are recoverable from the shipyard? The recent case of Stocznia Gdynia v Gearbulk Holdings has highlighted a potential hazard for buyers, and emphasised the need to take legal advice and to exercise care when cancelling a contract.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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