COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
North P&IKNOWLEDGE 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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
  Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...


Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...


Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned  electricity company forecasted  its coal requirement in 2014 would be around 95 million tons.  ...


Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...


Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695  of coal in May 2010. May coal exports dropped by 20.61 percent co ...


   1154 1155 1156 1157 1158   
Showing 5776 to 5780 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • OPG Power Generation Pvt Ltd - India
  • Ministry of Finance - Indonesia
  • Petron Corporation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Kapuas Tunggal Persada - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Eastern Energy - Thailand
  • Standard Chartered Bank - UAE
  • Global Green Power PLC Corporation, Philippines
  • Britmindo - Indonesia
  • Videocon Industries ltd - India
  • Vizag Seaport Private Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Indonesia Power. PT
  • UOB Asia (HK) Ltd
  • Bukit Baiduri Energy - Indonesia
  • TeaM Sual Corporation - Philippines
  • Leighton Contractors Pty Ltd - Australia
  • ICICI Bank Limited - India
  • Russian Coal LLC
  • NTPC Limited - India
  • ING Bank NV - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Coal Orbis AG
  • Asia Cement - Taiwan
  • GVK Power & Infra Limited - India
  • OCBC - Singapore
  • Bharathi Cement Corporation - India
  • Mitsui
  • GN Power Mariveles Coal Plant, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Cosco
  • White Energy Company Limited
  • Lanco Infratech Ltd - India
  • Africa Commodities Group - South Africa
  • Sindya Power Generating Company Private Ltd
  • PNOC Exploration Corporation - Philippines
  • Indogreen Group - Indonesia
  • Humpuss - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Kumho Petrochemical, South Korea
  • Bulk Trading Sa - Switzerland
  • Malabar Cements Ltd - India
  • Tata Power - India
  • World Bank
  • Kobexindo Tractors - Indoneisa
  • Electricity Generating Authority of Thailand
  • Salva Resources Pvt Ltd - India
  • Agrawal Coal Company - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Deloitte Consulting - India
  • San Jose City I Power Corp, Philippines
  • Japan Coal Energy Center
  • Coalindo Energy - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Asian Development Bank
  • IHS Mccloskey Coal Group - USA
  • Adani Power Ltd - India
  • GHCL Limited - India
  • Jaiprakash Power Ventures ltd
  • PetroVietnam Power Coal Import and Supply Company
  • Billiton Holdings Pty Ltd - Australia
  • Borneo Indobara - Indonesia
  • Simpson Spence & Young - Indonesia
  • SRK Consulting
  • KOWEPO - South Korea
  • Coal and Oil Company - UAE
  • Orica Mining Services - Indonesia
  • Arch Coal - USA
  • Sree Jayajothi Cements Limited - India
  • Meralco Power Generation, Philippines
  • CoalTek, United States
  • Coeclerici Indonesia
  • Indian Oil Corporation Limited
  • ACC Limited - India
  • Uttam Galva Steels Limited - India
  • Total Coal South Africa
  • SMC Global Power, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Panama Canal Authority
  • Siam City Cement PLC, Thailand
  • Kideco Jaya Agung - Indonesia
  • Thai Mozambique Logistica
  • KPMG - USA
  • APGENCO India
  • Ind-Barath Power Infra Limited - India
  • Shree Cement - India
  • Mercator Lines Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Altura Mining Limited, Indonesia
  • WorleyParsons
  • Sucofindo - Indonesia
  • PLN Batubara - Indonesia
  • Madhucon Powers Ltd - India
  • Oldendorff Carriers - Singapore
  • IOL Indonesia
  • Orica Australia Pty. Ltd.
  • Interocean Group of Companies - India
  • Tata Chemicals Ltd - India
  • Arutmin Indonesia
  • Mercuria Energy - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Banpu Public Company Limited - Thailand
  • Maheswari Brothers Coal Limited - India
  • Peabody Energy - USA
  • Medco Energi Mining Internasional
  • European Bulk Services B.V. - Netherlands
  • Xindia Steels Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • The India Cements Ltd
  • PowerSource Philippines DevCo
  • Cebu Energy, Philippines
  • Goldman Sachs - Singapore
  • Toyota Tsusho Corporation, Japan
  • Mitra SK Pvt Ltd - India
  • BNP Paribas - Singapore
  • Mintek Dendrill Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Thermax Limited - India
  • Savvy Resources Ltd - HongKong
  • DBS Bank - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • London Commodity Brokers - England
  • Runge Indonesia
  • Heidelberg Cement - Germany
  • Coastal Gujarat Power Limited - India
  • J M Baxi & Co - India
  • South Luzon Thermal Energy Corporation
  • Cemex - Philippines
  • Larsen & Toubro Limited - India
  • McKinsey & Co - India
  • Adaro Indonesia
  • Grasim Industreis Ltd - India
  • CNBM International Corporation - China
  • SMG Consultants - Indonesia
  • Makarim & Taira - Indonesia
  • CCIC - Indonesia
  • Credit Suisse - India
  • Barclays Capital - USA
  • Ambuja Cements Ltd - India
  • Petrosea - Indonesia
  • Noble Europe Ltd - UK
  • Carbofer General Trading SA - India
  • RBS Sempra - UK
  • Moodys - Singapore
  • Ince & co LLP
  • Malco - India
  • Central Electricity Authority - India
  • MEC Coal - Indonesia
  • Mjunction Services Limited - India
  • Samtan Co., Ltd - South Korea
  • Maruti Cements - India
  • Australian Commodity Traders Exchange
  • VISA Power Limited - India
  • SASOL - South Africa
  • IEA Clean Coal Centre - UK
  • Siam City Cement - Thailand
  • Sojitz Corporation - Japan
  • Maybank - Singapore
  • KEPCO - South Korea
  • Vitol - Bahrain
  • Bayan Resources Tbk. - Indonesia
  • Aditya Birla Group - India
  • Barasentosa Lestari - Indonesia
  • Global Business Power Corporation, Philippines
  • EMO - The Netherlands
  • Reliance Power - India
  • Energy Link Ltd, New Zealand
  • JPMorgan - India
  • Krishnapatnam Port Company Ltd. - India
  • Georgia Ports Authority, United States
  • IBC Asia (S) Pte Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Pipit Mutiara Jaya. PT, Indonesia
  • Parry Sugars Refinery, India
  • Thiess Contractors Indonesia
  • Parliament of New Zealand
  • Cement Manufacturers Association - India
  • Sical Logistics Limited - India
  • Mechel - Russia
  • Bangladesh Power Developement Board
  • Qatrana Cement - Jordan
  • Indian School of Mines
  • Essar Steel Hazira Ltd - India
  • Tamil Nadu electricity Board
  • CIMB Investment Bank - Malaysia
  • Shenhua Group - China
  • Glencore India Pvt. Ltd
  • Semirara Mining Corp, Philippines
  • U S Energy Resources
  • Price Waterhouse Coopers - Russia
  • The University of Queensland
  • Singapore Mercantile Exchange
  • KPCL - India
  • The Treasury - Australian Government
  • Karaikal Port Pvt Ltd - India
  • Kobe Steel Ltd - Japan
  • Trasteel International SA, Italy
  • Samsung - South Korea
  • Anglo American - United Kingdom
  • Infraline Energy - India
  • Rudhra Energy - India
  • Pinang Coal Indonesia
  • Clarksons - UK
  • Independent Power Producers Association of India
  • ANZ Bank - Australia
  • Inspectorate - India
  • Bank of America
  • Power Finance Corporation Ltd., India
  • Vale Mozambique
  • Attock Cement Pakistan Limited
  • Ministry of Transport, Egypt
  • JPower - Japan
  • Merrill Lynch Commodities Europe
  • Therma Luzon, Inc, Philippines
  • Aboitiz Power Corporation - Philippines
  • Marubeni Corporation - India
  • Cardiff University - UK
  • TANGEDCO India
  • Bhoruka Overseas - Indonesia
  • India Bulls Power Limited - India
  • Deutsche Bank - India
  • LBH Netherlands Bv - Netherlands
  • Timah Investasi Mineral - Indoneisa
  • Jindal Steel & Power Ltd - India
  • Fearnleys - India
  • UBS Singapore
  • globalCOAL - UK
  • TGV SRAAC LIMITED, India
  • Indo Tambangraya Megah - Indonesia
  • Permata Bank - Indonesia
  • Mitsubishi Corporation
  • CESC Limited - India
  • Wilmar Investment Holdings
  • Maersk Broker
  • Directorate Of Revenue Intelligence - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • PetroVietnam
  • Core Mineral Indonesia
  • Wood Mackenzie - Singapore
  • HSBC - Hong Kong
  • Bangkok Bank PCL
  • Minerals Council of Australia
  • Pendopo Energi Batubara - Indonesia
  • Sakthi Sugars Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Lafarge - France
  • Binh Thuan Hamico - Vietnam
  • Ceylon Electricity Board - Sri Lanka
  • Chamber of Mines of South Africa
  • SUEK AG - Indonesia
  • Argus Media - Singapore
  • Xstrata Coal
  • Bukit Asam (Persero) Tbk - Indonesia
  • Platts
  • Cargill India Pvt Ltd
  • Surastha Cement
  • Metalloyd Limited - United Kingdom
  • Merrill Lynch Bank
  • Manunggal Multi Energi - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Coal India Limited
  • TRAFIGURA, South Korea
  • Baramulti Group, Indonesia
  • GNFC Limited - India
  • Coaltrans Conferences
  • Latin American Coal - Colombia
  • SN Aboitiz Power Inc, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Indorama - Singapore
  • Central Java Power - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Gujarat Sidhee Cement - India
  • Edison Trading Spa - Italy
  • Bukit Makmur.PT - Indonesia
  • Freeport Indonesia
  • Meenaskhi Energy Private Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bhatia International Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Economic Council, Georgia
  • NALCO India
  • Eastern Coal Council - USA
  • Energy Development Corp, Philippines
  • Gresik Semen - Indonesia
  • GMR Energy Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Electricity Authority, New Zealand
  • ASAPP Information Group - India
  • PTC India Limited - India
  • Thriveni
  • Platou - Singapore
  • Jatenergy - Australia
  • Rio Tinto Coal - Australia
  • Kartika Selabumi Mining - Indonesia
  • BRS Brokers - Singapore
  • Global Coal Blending Company Limited - Australia
  • Tanito Harum - Indonesia
  • Bhushan Steel Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Renaissance Capital - South Africa
  • Star Paper Mills Limited - India
  • MS Steel International - UAE
  • PLN - Indonesia
  • Commonwealth Bank - Australia
  • Kaltim Prima Coal - Indonesia
  • Inco-Indonesia
  • Indonesian Coal Mining Association
  • Sarangani Energy Corporation, Philippines
  • Idemitsu - Japan
  • ETA - Dubai
  • Gupta Coal India Ltd
  • Indika Energy - Indonesia
  • Riau Bara Harum - Indonesia
  • Romanian Commodities Exchange
  • Asmin Koalindo Tuhup - Indonesia
  • Dalmia Cement Bharat India
  • Berau Coal - Indonesia
  • Thomson Reuters GRC
  • TNPL - India
  • Bank of China, Malaysia
  • SGS (Thailand) Limited
  • Rashtriya Ispat Nigam Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • bp singapore
  • World Coal - UK
  • The State Trading Corporation of India Ltd
  • Vedanta Resources Plc - India
  • GB Group - China
  • Formosa Plastics Group - Taiwan
  • Planning Commission, India
  • McConnell Dowell - Australia
  • Geoservices-GeoAssay Lab
  • Enel Italy
  • Posco Energy - South Korea
  • Intertek Mineral Services - Indonesia
  • Australian Coal Association
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Port Waratah Coal Services - Australia
  • IMC Shipping - Singapore
  • Antam Resourcindo - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Indian Energy Exchange, India
  • EIA - United States
  • New Zealand Coal & Carbon
  • Kepco SPC Power Corporation, Philippines
  • Ministry of Mines - Canada
  • Thailand Anthracite