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

Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...


Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...


Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...


Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...


Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.   The Coal Miners Union of Ukrai ...


   218 219 220 221 222   
Showing 1096 to 1100 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 ...

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