Where, without lawful excuse, the shipowner fails to load the specified goods, two factors have to be taken into consideration in measuring the damages1, namely the value of the ship to the charterer and the value of the goods to the charterer.
So far as the value of the ship to the charterer is concerned, the measure of damages is the estimated amount of bill of lading freight which the charterer would have been able to obtain from shippers at the port of loading if the ship had been available at the proper time, less the amount of the chartered
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234