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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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Showing 1401 to 1405 news of total 6871 |
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- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- MS Steel International - UAE
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
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- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
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