Lloyd's Maritime Law Newsletter
The “Asia Star” – Court of Appeal of Singapore (Chan Sek Keong CJ, Andrew Phang Boon Leong JA and V K Rajah JA) – 19 March 2010
Contract – Damages – Mitigation - Plaintiffs incurring loss and damage by reason of vessel’s unsuitability to receive cargo – Plaintiffs refusing to hire alternative vessel on terms offered - Whether plaintiffs mitigated their loss
In November 2003 the plaintiffs chartered the vessel
Asia Star for the carriage of a minimum cargo of 21,500 mt of refined palm oil for carriage to a Turkish purchaser (“Agrima”) in Turkey.
The plaintiffs had purchased parcels of the cargo from three different suppliers.