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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, 06 January 10
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- Edison Trading Spa - Italy
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- Toyota Tsusho Corporation, Japan
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- Parliament of New Zealand
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- Wilmar Investment Holdings
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- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
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- Deloitte Consulting - India
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- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
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- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
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- Planning Commission, India
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- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
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- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
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- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
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- Energy Development Corp, Philippines
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- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
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- Port Waratah Coal Services - Australia
- VISA Power Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
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- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
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- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
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- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- European Bulk Services B.V. - Netherlands
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- Mercator Lines Limited - India
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