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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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Monday, 17 April 17
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- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
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- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
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