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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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Thursday, 18 March 10
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Tuesday, 16 March 10
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Monday, 15 March 10
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- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
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- The State Trading Corporation of India Ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
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- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
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- Coal and Oil Company - UAE
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- Wood Mackenzie - Singapore
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- Marubeni Corporation - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
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- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
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- Sinarmas Energy and Mining - Indonesia
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- Indian Energy Exchange, India
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- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
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- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
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- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
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- Bhatia International Limited - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
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- Cement Manufacturers Association - India
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- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
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- Wilmar Investment Holdings
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- Independent Power Producers Association of India
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- Commonwealth Bank - Australia
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- TeaM Sual Corporation - Philippines
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- Essar Steel Hazira Ltd - India
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- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
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- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
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- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
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- PTC India Limited - India
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- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Altura Mining Limited, Indonesia
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