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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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Tuesday, 17 March 15
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KNOWLEDGE TO ELEVATE
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- Dalmia Cement Bharat India
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- SMC Global Power, Philippines
- Coal and Oil Company - UAE
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- Indian Energy Exchange, India
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- IHS Mccloskey Coal Group - USA
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- The University of Queensland
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- Makarim & Taira - Indonesia
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- Petron Corporation, Philippines
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- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
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- IEA Clean Coal Centre - UK
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- Mercuria Energy - Indonesia
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- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
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- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
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- Romanian Commodities Exchange
- The Treasury - Australian Government
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- Parliament of New Zealand
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
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- SN Aboitiz Power Inc, Philippines
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- India Bulls Power Limited - India
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- Independent Power Producers Association of India
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- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Australian Coal Association
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Ministry of Finance - Indonesia
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- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
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- Singapore Mercantile Exchange
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