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Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
 KNOWLEDGE TO ELEVATE
In a recent London Arbitration decision (18/17) the Tribunal had to consider whether the owners were entitled to recover additional expenses incurred in complying with charterers’ orders to stop loading operations.
The Facts
The vessel was voyage chartered for a voyage from the USA to Venezuela. Upon arrival at the load port, loading commenced. When charterers became aware of this they ordered the loading to stop. Loading did not then recommence until four days later. Owners claimed from charterers the additional dockage, security and guards’ expenses incurred as a result of the four day interruption to loading.
The Load Port Expenses
In respect of the additional load port expenses, the Tribunal held that the allocation of such expenses would usually fall to owners under the charterparty terms. This was because the charterers were entitled to use the laytime as they wished and so it followed that the associated expenses had to lie where they fell, i.e. with the owners. However, the Tribunal accepted evidence from the owners that an oral agreement had been reached between the owners and the charterers that charterers had agreed to pay the owners’ invoice in full, which included the additional port expenses. It was, therefore, as a result of this additional oral agreement that the Tribunal ordered the charterers to pay the additional port expenses to the owners. Without this oral agreement, which changed the terms of the charterparty, the owners would not have received any compensation for the additional load port expenses incurred as a result of the four day delay.
A Reminder
It is worth reminding owners that charterers do have an absolute right to use the given laytime as they see fit. There is no duty on them to load or discharge faster than the given laytime. Therefore, if a charterer orders the vessel to stop cargo operations when laytime is running, the port expenses incurred during the stop will usually be for owners. This is unless a specific clause (or additional oral or written agreement on this point) can be agreed between the owners and the charterers to the contrary.
Source: North of England P&I Club
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Wednesday, 12 October 11
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Monday, 10 October 11
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- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
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- Thiess Contractors Indonesia
- Independent Power Producers Association of India
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- Directorate General of MIneral and Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
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- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
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- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
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