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Seller beware: Court of Appeal clarifies buyers’ rights under the Norwegian Saleform 2012

航运、贸易与海洋工程业务 | 15/10/2025

In an important development in the ship sale and purchase arena, the Court of Appeal has recently held that clause 14 of the Norwegian Saleform 2012 (“NSF 2012”) entitles buyers to wider “loss of bargain” damages in circumstances where they exercise their right to cancel due to the seller’s proven negligence.

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航运、贸易与海洋工程业务

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Austin Nick

Nick Austin

Partner – Head of Maritime & Offshore

London

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