STOCZNIA GDANSKA S.A. v. LATVIAN SHIPPING CO. LATREEFER INC. AND OTHERS.

[2001] 1 Lloyd's Rep. 537

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Thomas

Shipbuilding contracts - Damages - Assessment - Contract for building six ships - Buyers failed to pay second instalment - Yard exercised right to rescind contracts and claim damages - Damages to be assessed in accordance with contractual terms - Construction of cl. 5.05 - Whether yard entitled to leave to amend pleadings to allege repudiatory breach - Claims in respect of inducing breach of contract, conspiracy and unlawful interference with yard’s contractual relations.