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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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- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
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- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
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- McConnell Dowell - Australia
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- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
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- Global Coal Blending Company Limited - Australia
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- Commonwealth Bank - Australia
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- Energy Development Corp, Philippines
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- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
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- Larsen & Toubro Limited - India
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- Wood Mackenzie - Singapore
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- The University of Queensland
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- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
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- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
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- South Luzon Thermal Energy Corporation
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- Directorate General of MIneral and Coal - Indonesia
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- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Anglo American - United Kingdom
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
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- LBH Netherlands Bv - Netherlands
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- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Australian Coal Association
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- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
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- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
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- Independent Power Producers Association of India
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- Merrill Lynch Commodities Europe
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- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Kepco SPC Power Corporation, Philippines
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- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
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- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Jaiprakash Power Ventures ltd
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