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