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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, 21 January 15
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Tuesday, 20 January 15
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- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
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- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
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- Renaissance Capital - South Africa
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- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
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- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
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- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
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- Merrill Lynch Commodities Europe
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- Indonesian Coal Mining Association
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- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
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- ASAPP Information Group - India
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- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Aditya Birla Group - India
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- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
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- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
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- Chamber of Mines of South Africa
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