Marco Polo Shipping Co Pte Ltd v Fairmacs Shipping & Transport Services Pte Ltd – Court of Appeal (Andrew Phang Boon Leong JA and Steven Chong J) – 21 August 2015 [2015] SGCA 44

Tort – Conversion – Damages – Whether relevant market for converted cargo

Fairmacs Shipping & Transport Services Pte Ltd (the buyer) was an Indian company in the business of trading, importing and exporting construction materials. By a contract of sale dated 18 August 2011 the buyer agreed to purchase river sand from Marine Alliance Group (Singapore) Pte Ltd (Marine Alliance).