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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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Friday, 08 April 16
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Capesize
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- Baramulti Group, Indonesia
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- Metalloyd Limited - United Kingdom
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- Tata Chemicals Ltd - India
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- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
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- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Planning Commission, India
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- Toyota Tsusho Corporation, Japan
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- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
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- MS Steel International - UAE
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- Price Waterhouse Coopers - Russia
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- CNBM International Corporation - China
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- Economic Council, Georgia
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- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
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- Sical Logistics Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Central Electricity Authority - India
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- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Ministry of Mines - Canada
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- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
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- Bayan Resources Tbk. - Indonesia
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- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
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- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
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- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
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- Orica Australia Pty. Ltd.
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- Trasteel International SA, Italy
- Thai Mozambique Logistica
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- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
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- Grasim Industreis Ltd - India
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- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
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- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Australian Coal Association
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- Deloitte Consulting - India
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