Steamship Mutual
Our Vision: To be the shipping industry's most trusted and valued P&I Club
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Est. 1909
Member IGP&I
S&P Rating A
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No Fool’s Bargain – Buyers Recover all in MOA Saga
In Great Asia Maritime Limited v Orion Shipping and Trading LLC (the “Lila Lisbon”) [2026] UKSC 23 the Supreme Court upheld the Court of Appeal’s decision allowing Buyers to recover loss of bargain damages under clause 14 of the Norwegian Saleform 2012.
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