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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, 30 November 19
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- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
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- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
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