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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, 27 May 20
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- Coalindo Energy - Indonesia
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- Thai Mozambique Logistica
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- Planning Commission, India
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- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
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- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
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- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
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- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
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- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
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- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
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- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
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- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
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- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
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- Eastern Coal Council - USA
- Ministry of Transport, Egypt
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
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- Timah Investasi Mineral - Indoneisa
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- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
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- VISA Power Limited - India
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- Sakthi Sugars Limited - India
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- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
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- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
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- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
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- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
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- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
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- Singapore Mercantile Exchange
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- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
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- Directorate General of MIneral and Coal - Indonesia
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- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
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