SALES CONTRACT - RENUNCIATORY BREACH - FAILURE TO NOMINATE VESSEL - OBLIGATION TO DELIVER When FOB seller indicated an inability to provide cargo, buyer did not nominate a vessel and later, formally accepted seller’s breach. Seller claimed the non-nomination was an oversight which alleviated it from having to provide the cargo. Damages claimed by Buyer were basis losses calculated by reference to hedging or alternatively, market value.
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Sesso Amatoriale Zie Nipoti La Cazzi In Pubblico says: