Lloyd's Maritime Law Newsletter
Profindo Pte Ltd v Abani Trading Pte Ltd (The “Athens”) – High Court (Judith Prakash J) [2013] SGHC 10 – 14 January 2013
Sale of goods (CFR) – Demurrage – Whether laytime suspended when carrying vessel forced to leave berth during discharge – Whether sellers entitled to damages for loss of earnings – Whether sellers liable for short-delivery of goods
On 19
May 2009 Profindo (the sellers) agreed to sell 2,750 mt of cement to Abani
Trading (the buyers) on a CFR (cost and freight) basis. The cargo was to be
loaded in China and delivered to a port in Madagascar.