PRIYANKA SHIPPING LTD v GLORY BULK CARRIERS PTE LTD (THE “CSK GLORY”)

[2020] Lloyd's Rep. Plus 19

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before David Edwards QC (Sitting as a Judge of the High Court)

Sale of ship – Buyer contracting to scrap vessel and not to use her for trading – Buyer trading vessel in breach of agreement – Whether seller entitled to injunction – Whether damages adequate remedy – Whether seller entitled to “negotiating damages” – Whether buyer entitled to declaration that seller limited to nominal damages.