Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

THE "SOYA."

[1956] 1 Lloyd's Rep. 557

COURT OF APPEAL.

Before Lord Evershed (Master of the Rolls), Lord Justice Jenkins and Lord Justice Hodson.

Collision - Damages - Assessment - Detention for repairs - Loss of profits - Vessel under charter - Delay in taking up - Rise in freight rates - Second charter fixed at enhanced freight - Consequent delay in taking up second charter - Whether loss to be based on rate of freight evidenced by rate paid under second charter - "Uncertain and speculative profits."

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