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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, 09 July 14
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- Minerals Council of Australia
- Vizag Seaport Private Limited - India
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- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
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- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
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- Eastern Energy - Thailand
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- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
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- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
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- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
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- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- VISA Power Limited - India
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- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
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- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
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- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
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- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
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- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
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- Larsen & Toubro Limited - India
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- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- The University of Queensland
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
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