The "Asia Star"
Jurisdiction | Singapore |
Court | High Court (Singapore) |
Judge | Judith Prakash J |
Judgment Date | 17 April 2009 |
Neutral Citation | [2009] SGHC 91 |
Citation | [2009] SGHC 91 |
Defendant Counsel | Thio Ying Ying and Alan Loh (Kelvin Chia Partnership) |
Subject Matter | Damages |
Published date | 20 April 2009 |
Date | 2009 |
Plaintiff Counsel | Prem Gurbani and R Govin (Gurbani & Co) |
17 April 2009 |
Judgment reserved. |
Judith Prakash J:
Introduction
(a) Losses incurred on account of cancellation of sale |
US$698,889.88 |
(b) Claim by the plaintiff’s buyer Agrima Ic Ve Dis Ticaret |
US$823,800.00 |
(c) Penalty charges imposed by the plaintiff’s supplier |
US$209,990.83 |
(d) Various charges such as interest and storage, |
MYR558,467.31 |
Summary of relevant facts
(a) 10,100mt of palm oil;
(b) 3,500mt of palm stearin;
(c) 5,750mt of palm olein;
(d) 1,650mt of palm kernel oil; and
(e) 500mt of crude coconut oil.
The total quantity to be delivered to Agrima was, therefore, 21,500mt. Under the contracts, the plaintiff had to ship the products between 15 December 2003 and 15 January 2004.
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