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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, 31 July 18
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- San Jose City I Power Corp, Philippines
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- Thiess Contractors Indonesia
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- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
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- Power Finance Corporation Ltd., India
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- Renaissance Capital - South Africa
- Planning Commission, India
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- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
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- TeaM Sual Corporation - Philippines
- Australian Coal Association
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- Sree Jayajothi Cements Limited - India
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- PTC India Limited - India
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- Binh Thuan Hamico - Vietnam
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
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- Africa Commodities Group - South Africa
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- Heidelberg Cement - Germany
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- Standard Chartered Bank - UAE
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- Videocon Industries ltd - India
- Parliament of New Zealand
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- South Luzon Thermal Energy Corporation
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- International Coal Ventures Pvt Ltd - India
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- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
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- Singapore Mercantile Exchange
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- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- MS Steel International - UAE
- The Treasury - Australian Government
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- GMR Energy Limited - India
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- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
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- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
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- Banpu Public Company Limited - Thailand
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- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
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