Pimco Shipping Pty Ltd v Moeder, Hermann and Moeher Trading Pty Ltd(1987) PGNc 57; [1987] PNGLR 427(23 December 1987) Marine Insurance- carriage of goods by sea- Statutory provision for time for making claim- Indemnity proceedings- Indemnity proceeding barred if claim barred
The plaintiff owned and operated a coastal vessel. In 1978 goods carried by the vessel were damaged in transit and as a result the owner of the goods sued the plaintiff and were awarded damages. The plaintiff claims that at the time of that shipment the defendant was the actual owner of the vessel and brought suit on the basis that the defendant indemnify the plaintiff for damages.