30 Jun 2005
WEDGE MARINE LTD v. ORIENTAL UNION HOLDINGS LTD AND OTHERS
- Citation
- WEDGE MARINE LTD v. ORIENTAL UNION HOLDINGS LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCL18/2002
The recap telex did not create an operative guarantee by IPH; it was a contractual promise by Simpson Spence on behalf of the charterers to procure a guarantee from IPH. Consequently there was no enforceable guarantee against IPH or Simpson Spence and the plaintiff's claims failed.