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

Tuesday, 20 June 17
WORLD ECONOMY SHOWS A MORE OPTIMISTIC TREND
During the past weeks, we have seen many organizations and think tanks show a more optimistic face with regards to the world economy. The World Ban ...


Monday, 19 June 17
PANAMAX RATES HELP BALTIC INDEX TO A POSITIVE MOVE
COALspot.com: The Freight market rose very marginally this past week compared to the previous week, as BDI and Panamax indexes show a positive tren ...


Friday, 16 June 17
WEEKLY U.S. COAL PRODUCTION RISES; UP 24.1% Y/Y
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tonn ...


Thursday, 15 June 17
SUPRAMAX NICKEL ORE FROM PHILIPPINES TO S. CHINA PAYING AROUND MID $10000 - FEARNLEYS
Supramax Market looked more promising from both sides of the basins. Within Atlantic USG returned with tick better rates seen as tonnage kept tig ...


Wednesday, 14 June 17
WORLD COAL PRODUCTION FELL BY 6.2%, THE LARGEST ANNUAL DECLINE ON RECORD - BP
COALspot.com: The 2017 edition of the BP Statistical Review of World Energy, shows global energy markets continuing to undergo long-term changes as ...


   403 404 405 406 407   
Showing 2021 to 2025 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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