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

Monday, 23 September 19
CHINA RECORDS SLOWER GROWTH IN COAL PRODUCTION - XINHUA
The growth of China’s raw coal production slowed down in August, data from the National Bureau of Statistics (NBS) showed.   Aro ...


Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...


Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...


Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...


Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...


   265 266 267 268 269   
Showing 1331 to 1335 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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