COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
North P&IKNOWLEDGE 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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 15 January 16
FOB INDONESIA COAL SWAPS FIRM SLIGHTLY LAST WEEK
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month over month and week over week. According to AsiaClear OTC coal swap's r ...


Friday, 15 January 16
SHIPPING: 2016 STARTED WITH MISERY ACROSS THE BOARD FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As one would have expected, the dry bulk market starter the new year where it left off in 2015, plunging to never seen before depths, as the market ...


Friday, 15 January 16
U.S. WEEKLY COAL PRODUCTION ROSE ACROSS ALL BASINS: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...


Thursday, 14 January 16
FOB RICHARDS BAY COAL SWAP FOR Q3 DELIVERY CLOSED $5.90 LOWER THAN Q1 PRICE
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap up month over month and week over week. The Q1’ 2016 FOB Richards Bay Coal ...


Wednesday, 13 January 16
U.S. COAL PRODUCTION DECLINED BY 109 MMST IN 2015; COAL EXPORTS DECREASED 21% Y-O-Y
COALspot.com: U.S. coal production declined by 109 million short tons (MMst) (11%) in 2015, the largest decline ever recorded, says EIA. The 2 ...


   520 521 522 523 524   
Showing 2606 to 2610 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • SGS (Thailand) Limited
  • Carbofer General Trading SA - India
  • Gupta Coal India Ltd
  • TNB Fuel Sdn Bhd - Malaysia
  • Petrochimia International Co. Ltd.- Taiwan
  • bp singapore
  • SRK Consulting
  • MEC Coal - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • India Bulls Power Limited - India
  • EMO - The Netherlands
  • OPG Power Generation Pvt Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Videocon Industries ltd - India
  • Bhoruka Overseas - Indonesia
  • Posco Energy - South Korea
  • Africa Commodities Group - South Africa
  • Aboitiz Power Corporation - Philippines
  • Meenaskhi Energy Private Limited - India
  • Banpu Public Company Limited - Thailand
  • PTC India Limited - India
  • Rudhra Energy - India
  • Gujarat Sidhee Cement - India
  • Glencore India Pvt. Ltd
  • JPMorgan - India
  • Inspectorate - India
  • Central Electricity Authority - India
  • SUEK AG - Indonesia
  • Attock Cement Pakistan Limited
  • Essar Steel Hazira Ltd - India
  • Vitol - Bahrain
  • Core Mineral Indonesia
  • Argus Media - Singapore
  • Ernst & Young Pvt. Ltd.
  • Ceylon Electricity Board - Sri Lanka
  • World Coal - UK
  • Directorate Of Revenue Intelligence - India
  • Coaltrans Conferences
  • Energy Development Corp, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Jindal Steel & Power Ltd - India
  • ETA - Dubai
  • CoalTek, United States
  • Australian Coal Association
  • NTPC Limited - India
  • Ambuja Cements Ltd - India
  • BRS Brokers - Singapore
  • Marubeni Corporation - India
  • CIMB Investment Bank - Malaysia
  • Karaikal Port Pvt Ltd - India
  • The India Cements Ltd
  • TeaM Sual Corporation - Philippines
  • Permata Bank - Indonesia
  • Thailand Anthracite
  • Indo Tambangraya Megah - Indonesia
  • Thermax Limited - India
  • Energy Link Ltd, New Zealand
  • Therma Luzon, Inc, Philippines
  • Asmin Koalindo Tuhup - Indonesia
  • Malco - India
  • Fearnleys - India
  • Cosco
  • Clarksons - UK
  • Freeport Indonesia
  • Electricity Generating Authority of Thailand
  • Interocean Group of Companies - India
  • McKinsey & Co - India
  • Salva Resources Pvt Ltd - India
  • Price Waterhouse Coopers - Russia
  • Inco-Indonesia
  • European Bulk Services B.V. - Netherlands
  • Straits Asia Resources Limited - Singapore
  • Sindya Power Generating Company Private Ltd
  • Cebu Energy, Philippines
  • Tata Chemicals Ltd - India
  • GNFC Limited - India
  • Aditya Birla Group - India
  • Maheswari Brothers Coal Limited - India
  • Toyota Tsusho Corporation, Japan
  • OCBC - Singapore
  • MS Steel International - UAE
  • Asian Development Bank
  • Electricity Authority, New Zealand
  • Maharashtra Electricity Regulatory Commission - India
  • Maruti Cements - India
  • globalCOAL - UK
  • KPMG - USA
  • Petron Corporation, Philippines
  • Mercator Lines Limited - India
  • Bharathi Cement Corporation - India
  • Arch Coal - USA
  • Infraline Energy - India
  • Heidelberg Cement - Germany
  • Coal Orbis AG
  • Antam Resourcindo - Indonesia
  • TNPL - India
  • Singapore Mercantile Exchange
  • Timah Investasi Mineral - Indoneisa
  • Deutsche Bank - India
  • Binh Thuan Hamico - Vietnam
  • DBS Bank - Singapore
  • The University of Queensland
  • Vedanta Resources Plc - India
  • Russian Coal LLC
  • Bangkok Bank PCL
  • Japan Coal Energy Center
  • LBH Netherlands Bv - Netherlands
  • The Treasury - Australian Government
  • Mjunction Services Limited - India
  • SMG Consultants - Indonesia
  • Credit Suisse - India
  • Total Coal South Africa
  • New Zealand Coal & Carbon
  • Georgia Ports Authority, United States
  • Kideco Jaya Agung - Indonesia
  • Chamber of Mines of South Africa
  • Central Java Power - Indonesia
  • San Jose City I Power Corp, Philippines
  • Semirara Mining Corp, Philippines
  • Bhushan Steel Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • APGENCO India
  • Adaro Indonesia
  • Cemex - Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Sical Logistics Limited - India
  • VISA Power Limited - India
  • Humpuss - Indonesia
  • Thriveni
  • IEA Clean Coal Centre - UK
  • Surastha Cement
  • Pendopo Energi Batubara - Indonesia
  • Siam City Cement PLC, Thailand
  • Independent Power Producers Association of India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Lanco Infratech Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Mitsui
  • Maersk Broker
  • Standard Chartered Bank - UAE
  • Karbindo Abesyapradhi - Indoneisa
  • Madhucon Powers Ltd - India
  • Iligan Light & Power Inc, Philippines
  • Savvy Resources Ltd - HongKong
  • Britmindo - Indonesia
  • Berau Coal - Indonesia
  • Ministry of Mines - Canada
  • SN Aboitiz Power Inc, Philippines
  • Minerals Council of Australia
  • Kumho Petrochemical, South Korea
  • Thiess Contractors Indonesia
  • Goldman Sachs - Singapore
  • Uttam Galva Steels Limited - India
  • Anglo American - United Kingdom
  • Medco Energi Mining Internasional
  • Latin American Coal - Colombia
  • Trasteel International SA, Italy
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • CNBM International Corporation - China
  • Cargill India Pvt Ltd
  • Merrill Lynch Commodities Europe
  • Samsung - South Korea
  • IHS Mccloskey Coal Group - USA
  • Runge Indonesia
  • Star Paper Mills Limited - India
  • Kaltim Prima Coal - Indonesia
  • Ind-Barath Power Infra Limited - India
  • PowerSource Philippines DevCo
  • Eastern Coal Council - USA
  • Global Coal Blending Company Limited - Australia
  • Jaiprakash Power Ventures ltd
  • Adani Power Ltd - India
  • IMC Shipping - Singapore
  • KPCL - India
  • IOL Indonesia
  • Mitsubishi Corporation
  • Bulk Trading Sa - Switzerland
  • ING Bank NV - Singapore
  • CESC Limited - India
  • Ince & co LLP
  • SMC Global Power, Philippines
  • Bukit Baiduri Energy - Indonesia
  • Sucofindo - Indonesia
  • Gresik Semen - Indonesia
  • McConnell Dowell - Australia
  • Jatenergy - Australia
  • Manunggal Multi Energi - Indonesia
  • Ministry of Finance - Indonesia
  • BNP Paribas - Singapore
  • Sree Jayajothi Cements Limited - India
  • ICICI Bank Limited - India
  • Barasentosa Lestari - Indonesia
  • Mintek Dendrill Indonesia
  • Arutmin Indonesia
  • Platou - Singapore
  • Kartika Selabumi Mining - Indonesia
  • Thomson Reuters GRC
  • Peabody Energy - USA
  • Petrosea - Indonesia
  • JPower - Japan
  • Bahari Cakrawala Sebuku - Indonesia
  • TANGEDCO India
  • Asia Cement - Taiwan
  • Intertek Mineral Services - Indonesia
  • Port Waratah Coal Services - Australia
  • Formosa Plastics Group - Taiwan
  • Deloitte Consulting - India
  • Directorate General of MIneral and Coal - Indonesia
  • Siam City Cement - Thailand
  • Coastal Gujarat Power Limited - India
  • Global Business Power Corporation, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Vizag Seaport Private Limited - India
  • Idemitsu - Japan
  • Grasim Industreis Ltd - India
  • GB Group - China
  • Thai Mozambique Logistica
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • EIA - United States
  • Indian School of Mines
  • Eastern Energy - Thailand
  • Planning Commission, India
  • ANZ Bank - Australia
  • Baramulti Group, Indonesia
  • Orica Mining Services - Indonesia
  • Agrawal Coal Company - India
  • Qatrana Cement - Jordan
  • Xstrata Coal
  • Bank of China, Malaysia
  • Coal India Limited
  • Billiton Holdings Pty Ltd - Australia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Maybank - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • HSBC - Hong Kong
  • Lafarge - France
  • Alfred C Toepfer International GmbH - Germany
  • UOB Asia (HK) Ltd
  • SASOL - South Africa
  • Kobe Steel Ltd - Japan
  • Rashtriya Ispat Nigam Limited - India
  • Vale Mozambique
  • Ministry of Transport, Egypt
  • Kobexindo Tractors - Indoneisa
  • Kepco SPC Power Corporation, Philippines
  • Globalindo Alam Lestari - Indonesia
  • Wood Mackenzie - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • IBC Asia (S) Pte Ltd
  • Bukit Makmur.PT - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Moodys - Singapore
  • Sarangani Energy Corporation, Philippines
  • U S Energy Resources
  • PLN - Indonesia
  • Oldendorff Carriers - Singapore
  • Meralco Power Generation, Philippines
  • Coeclerici Indonesia
  • Borneo Indobara - Indonesia
  • TRAFIGURA, South Korea
  • GHCL Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Malabar Cements Ltd - India
  • J M Baxi & Co - India
  • Panama Canal Authority
  • KOWEPO - South Korea
  • Economic Council, Georgia
  • Kalimantan Lumbung Energi - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • RBS Sempra - UK
  • Barclays Capital - USA
  • Merrill Lynch Bank
  • Gujarat Mineral Development Corp Ltd - India
  • Cement Manufacturers Association - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Noble Europe Ltd - UK
  • Power Finance Corporation Ltd., India
  • Indonesian Coal Mining Association
  • GVK Power & Infra Limited - India
  • Coal and Oil Company - UAE
  • Edison Trading Spa - Italy
  • Reliance Power - India
  • Samtan Co., Ltd - South Korea
  • Romanian Commodities Exchange
  • Cigading International Bulk Terminal - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Tanito Harum - Indonesia
  • Mercuria Energy - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Indian Energy Exchange, India
  • TGV SRAAC LIMITED, India
  • Enel Italy
  • Sojitz Corporation - Japan
  • Indonesia Power. PT
  • Wilmar Investment Holdings
  • Indorama - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Tamil Nadu electricity Board
  • CCIC - Indonesia
  • Simpson Spence & Young - Indonesia
  • KEPCO - South Korea
  • Commonwealth Bank - Australia
  • GMR Energy Limited - India
  • Renaissance Capital - South Africa
  • Mechel - Russia
  • Indika Energy - Indonesia
  • UBS Singapore
  • White Energy Company Limited
  • Makarim & Taira - Indonesia
  • Cardiff University - UK
  • South Luzon Thermal Energy Corporation
  • Indian Oil Corporation Limited
  • Vijayanagar Sugar Pvt Ltd - India
  • Larsen & Toubro Limited - India
  • Coalindo Energy - Indonesia
  • PetroVietnam
  • Jorong Barutama Greston.PT - Indonesia
  • Xindia Steels Limited - India
  • Platts
  • ASAPP Information Group - India
  • WorleyParsons
  • Parliament of New Zealand
  • Dalmia Cement Bharat India
  • Riau Bara Harum - Indonesia
  • Indogreen Group - Indonesia
  • Sakthi Sugars Limited - India
  • PLN Batubara - Indonesia
  • World Bank
  • Shree Cement - India
  • Metalloyd Limited - United Kingdom
  • Tata Power - India
  • London Commodity Brokers - England
  • Orica Australia Pty. Ltd.
  • Altura Mining Limited, Indonesia
  • Pinang Coal Indonesia
  • NALCO India
  • Parry Sugars Refinery, India
  • Mitra SK Pvt Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Bhatia International Limited - India
  • Shenhua Group - China
  • Rio Tinto Coal - Australia
  • PNOC Exploration Corporation - Philippines
  • Bank of America
  • ACC Limited - India
  • Australian Commodity Traders Exchange
  • The State Trading Corporation of India Ltd
  • Bangladesh Power Developement Board
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Geoservices-GeoAssay Lab