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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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Tuesday, 04 February 20
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- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
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- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
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- Sojitz Corporation - Japan
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- Indogreen Group - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
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- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
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- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
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- Barasentosa Lestari - Indonesia
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- Intertek Mineral Services - Indonesia
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- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Global Business Power Corporation, Philippines
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- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
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- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Economic Council, Georgia
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- SMC Global Power, Philippines
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- Asmin Koalindo Tuhup - Indonesia
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- White Energy Company Limited
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- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
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- The University of Queensland
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- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
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- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
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- Bhoruka Overseas - Indonesia
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- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
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- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
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