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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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Wednesday, 04 February 15
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- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Australian Coal Association
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
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