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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, 28 August 14
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Web Site
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- Indonesian Coal Mining Association
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- Petron Corporation, Philippines
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- White Energy Company Limited
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- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
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- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
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- Commonwealth Bank - Australia
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- Planning Commission, India
- Merrill Lynch Commodities Europe
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
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- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Economic Council, Georgia
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- Toyota Tsusho Corporation, Japan
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- Sinarmas Energy and Mining - Indonesia
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- MS Steel International - UAE
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- Formosa Plastics Group - Taiwan
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- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
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- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
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- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
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- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
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- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
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- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
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- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
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- Therma Luzon, Inc, Philippines
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- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
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