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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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Thursday, 07 January 16
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Tuesday, 05 January 16
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- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
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- Planning Commission, India
- PowerSource Philippines DevCo
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- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
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- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
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- Bangladesh Power Developement Board
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- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
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- India Bulls Power Limited - India
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- Merrill Lynch Commodities Europe
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- Thiess Contractors Indonesia
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- IHS Mccloskey Coal Group - USA
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- Ministry of Finance - Indonesia
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- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
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- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
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- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
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- TeaM Sual Corporation - Philippines
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- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
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- Economic Council, Georgia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
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- Kohat Cement Company Ltd. - Pakistan
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- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
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- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
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