PORT LINE, LTD. v. BEN LINE STEAMERS, LTD.
[1958] 1 Lloyd's Rep. 290
QUEEN'S BENCH DIVISION.(COMMERCIAL COURT.)
Before Mr. Justice Diplock.
Charter-party- Requisition of ship- Compensation - Sale of ship while on time charter, purchaser having notice of time charter- Demise charter to sellers for period of time charter - Determination of demise charter, only, by requisition- Right of time charterers to compensation paid to owners- Whether time charter frustrated by requisition for period less than remaining period of time charter- Effect of notice of time charter- Whether owners received compensation as trustees for time charterers- compensation (Defence) Act, 1939, Sect. 4.