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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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Monday, 06 May 13
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Friday, 03 May 13
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- Maheswari Brothers Coal Limited - India
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- Thai Mozambique Logistica
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- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
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- Independent Power Producers Association of India
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- Vedanta Resources Plc - India
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- Georgia Ports Authority, United States
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- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
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- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
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- Australian Coal Association
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- Metalloyd Limited - United Kingdom
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- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
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- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
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- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
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- Gujarat Sidhee Cement - India
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- Goldman Sachs - Singapore
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- Africa Commodities Group - South Africa
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- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
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- Port Waratah Coal Services - Australia
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- GN Power Mariveles Coal Plant, Philippines
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- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
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- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
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- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
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- GAC Shipping (India) Pvt Ltd
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- Meralco Power Generation, Philippines
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- White Energy Company Limited
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- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
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- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
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- Cement Manufacturers Association - India
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- Sical Logistics Limited - India
- Economic Council, Georgia
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- Posco Energy - South Korea
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