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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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Tuesday, 26 April 11
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- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
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- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Economic Council, Georgia
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- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
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- Meralco Power Generation, Philippines
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- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
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- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Ambuja Cements Ltd - India
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- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
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- Global Green Power PLC Corporation, Philippines
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- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
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- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
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- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Aditya Birla Group - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
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- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
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- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
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