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