HONGKONG FIR SHIPPING COMPANY, LTD. v. KAWASAKI KISEN KAISHA, LTD. (THE "HONGKONG FIR")
[1961] 2 Lloyd's Rep. 478
COURT OF APPEAL
Before Lord Justice Sellers, Lord Justice Upjohn and Lord Justice Diplock
Charter-party - Unseaworthiness - Crew - Frustration-Repudiation of time charter by charterers-Alleged failure to deliver and maintain seaworthy vessel-Allegation that vessel was incapable of charter speed -Whether unseaworthiness gave charterers right to rescind-Whether frustration depended on time taken to make vessel seaworthy amounting to a "frustrating time" or exceeding a reasonable time-Consideration of stipulations in contracts.