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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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Showing 2016 to 2020 news of total 6871 |
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- PetroVietnam Power Coal Import and Supply Company
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- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
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- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
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- SN Aboitiz Power Inc, Philippines
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- Mercuria Energy - Indonesia
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- Planning Commission, India
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- PTC India Limited - India
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- Goldman Sachs - Singapore
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Australian Commodity Traders Exchange
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- Aditya Birla Group - India
- Thai Mozambique Logistica
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- Indonesian Coal Mining Association
- Parliament of New Zealand
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- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
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- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
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- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
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- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
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- Deloitte Consulting - India
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- Samtan Co., Ltd - South Korea
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- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Minerals Council of Australia
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- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
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- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
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- Global Business Power Corporation, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
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- Baramulti Group, Indonesia
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- Standard Chartered Bank - UAE
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- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Australian Coal Association
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
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