COPY

Williamson & Company,

P. & 0. Building,

HONG KONG.

21st February, 1938.

4.7

Pro Forma

S. S. "ASIAN"

Claim for Detention in Formosa.

Our S. S. "Asian" sailed from Hong Ko g at 9 a.m.

on the 7th February, 1938, for Parseval Bay (French Indo-China),

and was released from Formosa at 11 a.m. on the 20th February,

and is expected to arrive at Hong Kong on the evening of the

21st February. The vessel will therefore have been detained

15 days.

The business on which the "Asian" was fixed i.e., to

carry Limestone from Parseval Bay to Hong Kong was equivalent.

to a monthly Time Charter rate of about HK$30,000.00 per month,

or in other words had the vessel been trading she would have

earned about $1,000.00 per day gross.

On a Time Charter basis the owner pays out of the gross

earnings, the crew's wages, stores and Insurance, and the

Charterer would pay for Bunker Coal and Fresh Water.

*

The shippers of the Limestone had also engaged coolies

and junks to load the Limestone and had to pay compensation to

the coolies and junks due to the non-arrival of the vessel at

her loading port, and they have claimed compensation from us to

the amount of Piastres 843.75.

Due to the wrongful detention of the vessel we have

lost approximately as follows:-

15 days earnings @ $1,000.00 per day Coal used approximately 125 Tõns @

$22.00 Per Ton

Fresh Water used approximately 80 Tons

@ 50 cents.

$15,000.00

2,750.00

40.00

HK$17,790.00

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