IKERIGI COMPANIA NAVIERA S.A. AND OTHERS v. PALMER AND OTHERS GLOBAL TRANSEAS CORPORATION AND ANOTHER v. PALMER (THE “WONDROUS”)

[1991] 1 Lloyd's Rep. 400

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Hobhouse

Insurance (Marine) - Loss of hire and freight - Vessel loaded cargo of molasses at Bandar Abbas - Unable to leave until over a year later - Plaintiffs claimed under insurance policies - Whether losses suffered by plaintiffs covered - Cause of vessels’ detention - Whether plaintiffs’ claim for loss of hire and freight recoverable.