(2016) 956 LMLN 1— London Arbitration 18/16

(2016) 956 LMLN 1— London Arbitration 18/16

“In a shipbuilding contract in which the builder defaulted by failing to construct two container vessels within an agreed time frame, it was held that the buyer was to have access to the same shipyard in order to continue construction of each vessel…

“In a shipbuilding contract in which the builder defaulted by failing to construct two container vessels within an agreed time frame, it was held that the buyer was to have access to the same shipyard in order to continue construction of each vessel and that, furthermore, the builder was to provide all necessary assistance.”

Vasilis Bikakis
E. G. Arghyrakis & Co.
27th July 2016

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Versloot Dredging BV & Anor v HDI Gerling Industrie Versicherung AG & Ors [2016]