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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, 26 May 10
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Madhucon Powers Ltd - India
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- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
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- Aboitiz Power Corporation - Philippines
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- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
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- Tata Chemicals Ltd - India
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- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
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- Intertek Mineral Services - Indonesia
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- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Economic Council, Georgia
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- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
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- Kaltim Prima Coal - Indonesia
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- Star Paper Mills Limited - India
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- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
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- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
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- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
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- Wilmar Investment Holdings
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- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
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- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
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- Holcim Trading Pte Ltd - Singapore
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- Dalmia Cement Bharat India
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- Samtan Co., Ltd - South Korea
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- Billiton Holdings Pty Ltd - Australia
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- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
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- Savvy Resources Ltd - HongKong
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- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
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- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
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- ICICI Bank Limited - India
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- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
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- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
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