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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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Thursday, 11 June 20
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- Vedanta Resources Plc - India
- The University of Queensland
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- PTC India Limited - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
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