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

Saturday, 21 March 20
PANAMAX: 82,000DWT SHIP AGREED $4,250 FOR A COAL TRIP VIA INDONESIA REDELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize The Capesize market made some headway this past week despite being buffeted by the global pandemic storm. With the market in a constan ...


Friday, 20 March 20
VOLATILITY TO INCREASE IN TANKER MARKET FOLLOWING OIL PRICE WAR - DREWRY
Crude oil prices plunged by more than a third in the past week after OPEC+ failed to agree on production cut as demand softened in the aftermath of ...


Friday, 20 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...


Friday, 20 March 20
OIL PRICES COULD FALL BELOW ZERO: ANALYST - FOX BUSINESS
Plunging oil prices could be headed a lot lower – possibly below zero, according to one Wall Street analyst.   West Texas Interm ...


Friday, 20 March 20
84% OF FEBRUARY BUNKER SALES IN SINGAPORE ARE LOW-SULPHUR FUELS - BIMCO
Low-sulphur fuels accounted for 84% of total February sales in Singapore, slightly up from 83% in January. The sale of low-sulphur fuel oil (LSFO) ...


   210 211 212 213 214   
Showing 1056 to 1060 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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