Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

TEXACO LTD v. THE EUROGULF SHIPPING CO. LTD.

[1987] 2 Lloyd's Rep. 541

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Hirst

Contract - Repudiation - Application for stay - Sellers sold f.o.b. 15,000 tonnes of aviation fuel to buyers - Buyers’ nominated vessel unable to arrive within delivery dates - Sellers sold 11,000 tonnes fuel to third party - Whether contract repudiated - Whether buyers entitled to stay of action under s. 4(1) of the Arbitration Act, 1950.

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