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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, 11 April 16
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- Edison Trading Spa - Italy
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- IEA Clean Coal Centre - UK
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- Savvy Resources Ltd - HongKong
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- GN Power Mariveles Coal Plant, Philippines
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- AsiaOL BioFuels Corp., Philippines
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- Larsen & Toubro Limited - India
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- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Romanian Commodities Exchange
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- Ministry of Mines - Canada
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- Bharathi Cement Corporation - India
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- Ministry of Finance - Indonesia
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- Star Paper Mills Limited - India
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- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
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- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
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- Merrill Lynch Commodities Europe
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- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
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- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
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- Siam City Cement PLC, Thailand
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- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
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- Banpu Public Company Limited - Thailand
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- SMG Consultants - Indonesia
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- Australian Coal Association
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- Bangladesh Power Developement Board
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- Ministry of Transport, Egypt
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- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
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- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
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- Parliament of New Zealand
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- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
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- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- PTC India Limited - India
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- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
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- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
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- Global Coal Blending Company Limited - Australia
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