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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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- Samtan Co., Ltd - South Korea
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- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
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- Billiton Holdings Pty Ltd - Australia
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- PNOC Exploration Corporation - Philippines
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- The Treasury - Australian Government
- Planning Commission, India
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- Australian Coal Association
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- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
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- Kideco Jaya Agung - Indonesia
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- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
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- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Economic Council, Georgia
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- Medco Energi Mining Internasional
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- Alfred C Toepfer International GmbH - Germany
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- Indian Oil Corporation Limited
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- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
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- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
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- McConnell Dowell - Australia
- Star Paper Mills Limited - India
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- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- White Energy Company Limited
- Merrill Lynch Commodities Europe
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- Kartika Selabumi Mining - Indonesia
- The University of Queensland
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- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bukit Makmur.PT - Indonesia
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- Ind-Barath Power Infra Limited - India
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- European Bulk Services B.V. - Netherlands
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- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
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- Madhucon Powers Ltd - India
- London Commodity Brokers - England
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- Global Business Power Corporation, Philippines
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