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, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...


Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that,  A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...


Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...


Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...


Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...


   1306 1307 1308 1309 1310   
Showing 6536 to 6540 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 ...

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