[2001] 2 Lloyd’s Rep. 227; [2001] 2 All ER (Comm) 385

Dominic Kendrick QC – Shipbuilding contract – Default – Possession – Contract for building a drill-ship – Delays in completion and delivery – Builders tendered delivery – Owner alleged default by builders – Owner took possession of vessel and completed her elsewhere – Whether owner obliged to pay to builder outstanding instalments payable by owner on delivery of vessel.