Transatlantica Commodities PTE Ltd v Eurochem Trading GmbH [2026] EWHC 1494 (Comm)
The Commercial Court dismissed an appeal, thereby upholding an arbitration award, arising from Owners' failure to provide a vessel within the agreed laycan under a contract of affreightment (COA). The Court held that each shipment under the COA constituted a separate and severable contractual obligation, such that a subsequent shipment did not cure the earlier breach. Charterers were therefore entitled to recover the orthodox contract/market measure of damages reflecting the cost of fixing substitute tonnage.