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

Wednesday, 03 December 14
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The dry bulk market seems unable to turn sentiment round and is still looking for direction. The BCI's 887-point free fall last week had an obv ...


Wednesday, 03 December 14
CAPESIZE DRY BULK CARRIERS ENTER 2015 WITH MIXED FORTUNES, WITH A POSITIVE AND A NEGATIVE SCENARIO BOTH EMERGING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The future of the Capesize dry bulk market appears to be engulfed from mixed “feelings” among analysts and market participants, despite ...


Tuesday, 02 December 14
KEY PLAYERS SHED NEW PERSPECTIVES ON COAL MARKETS
Press Release: Singapore’s ONLY and longest established Coal Trade event. Whilst Coal prices remain challenging, there is widespread consensu ...


Tuesday, 02 December 14
KOMIPO INVITES BIDS FOR 585,000 METRIC TONS OF COAL FOR Q1'15
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids for the supply of 585,000 Metric Tons of coal. According to invitation, 5700 ...


Tuesday, 02 December 14
U.S WEEKLY COAL PRODUCTION FELL 1.4% WEEK ON WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.6  million short tons (mmst) o ...


   665 666 667 668 669   
Showing 3331 to 3335 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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