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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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Sunday, 28 August 11
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- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- The University of Queensland
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- PTC India Limited - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
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