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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, 16 July 19
SUPRAMAX: THE ASIAN ARENA WAS SPLIT, WITH A BUILD-UP OF TONNAGE AND LACK OF ENQUIRY IN THE NORTH - BALTIC BRIEFING
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Monday, 08 July 19
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- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Economic Council, Georgia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
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