23 Jun 1986
INTEROCEAN CONTAINER LEASING, INC. v. AFEA LINE LTD
- Citation
- INTEROCEAN CONTAINER LEASING, INC. v. AFEA LINE LTD
- Court
- Court of First Instance
- Case number
- HCCL140/1985
The court held the lease expired on 30 June 1984; the plaintiff's telex of 19 June 1984 constituted a sufficient demand; the defendant wrongfully failed to redeliver after the agreed build‑down period expired on 30 September 1984; the defendant had beneficial use of the containers; damages assessed at the market hire rate of US$1.75 per day were awarded along with outstanding invoices, a contractual surcharge and costs.