Substantial items of equipment had been destroyed in Saudi Arabia, and needed to be valued.
Held: The valuation had to include the time and place of its destruction. Accordingly the valuation correctly calculated the loss by asking for the best second hand price in Europe and added the costs of transportation.
Judges:
Lord Justice Peter Gibson, Lord Justice Tuckey, Mr Justice Nelson
Citations:
[2003] EWCA Civ 684, Times 27-May-2003
Links:
Jurisdiction:
England and Wales
Citing:
Cited – Southampton Container Terminals Ltd v Hansa Schiffahrts GmbH (The Maersk Colombo) CA 3-May-2001
The claimants operated the container terminal in Southampton. A crane was struck and damaged beyond repair by the defendants’ vessel. The crane was not replaced because before the casualty the claimants had ordered two new cranes. Loss of use of the . .
Lists of cited by and citing cases may be incomplete.
Damages
Updated: 23 November 2022; Ref: scu.182334