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, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program. ...


Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...


Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...


Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...


Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


   1195 1196 1197 1198 1199   
Showing 5981 to 5985 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 ...

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