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R G Grain Trade LLP v Feed Factors International Ltd - QBD (Comm Ct)(Hamblen J) - 20 July 2011
By a contract dated 1 July 2008 the claimant sellers sold to the defendant buyers 1,500 mt +/- 10 % in buyers’ option Ukrainian origin sunflower expeller FOB Nicolayev sea port. The contract provided:
“Commodity: UKRAINIAN ORIGIN..
Online Published Date:
16 September 2011
Appeared in issue:
830 - 28 September 2011
Meritz Fire & Marine Insurance Co Ltd v Jan De Nul NV and Anr - Court of Appeal (Laws, Longmore and Etherton LJJ) - 21 July 2011
The defendants (“the buyers”) were the buyers of dredgers being built by a Korean shipyard (“HWS”) and became obliged to make advance payments of the purchase price of the vessels. The buyers had secured Advance Payment..
Online Published Date:
16 September 2011
Appeared in issue:
830 - 28 September 2011
Garnat Trading & Shipping (Singapore) Pte Ltd and Anr v Baominh Insurance Corporation - Court of Appeal (Mummery, Longmore and Aikens LJJ) - 6 July 2011
Garnat (“the owners”) agreed to purchase a floating dock and workshop from a Hong Kong company for use in Vietnam. The dock was lying at Vladivostok and the owners were to arrange for the necessary alterations to the Dock to make it..
Online Published Date:
16 September 2011
Appeared in issue:
830 - 28 September 2011