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

Friday, 08 September 17
MIXED SIGNALS ON REFINERY PREPARATIONS FOR 2020 FUEL CHANGES - IBIA
A recent consultancy survey has suggested that some 85% of refiners have not made plans for how to deal with the expected dramatic fall in g ...


Thursday, 07 September 17
CAPESIZE: EARNINGS FOR THE BIG SHIPS KEEP UP NICELY AS DIPS ARE MODERATE AND SHORT-LIVED - FEARNLEYS
Supramax Fewer activities in the Atlantic in start of the week with the US holidays. Owners were asking around low USD 20k for trip ex USG to Far ...


Thursday, 07 September 17
TALK OF CONSTRAINTS ON CHINESE COAL OUTPUT PUSHED PRICES HIGHER - DANIEL HYNES
Commodity markets were largely higher as a weaker USD boosted investor appetite. According to Daniel Hynes, Senior Commodity Strategist at ANZ ...


Wednesday, 06 September 17
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The impact of Hurricane Harvey, which made landfall on 25th of August in South East coastline of Texas area has been the major concern of the shipp ...


Tuesday, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...


   389 390 391 392 393   
Showing 1951 to 1955 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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