Laytime

In considering all aspects of tramp shipping and chartering, there is little doubt that Laytime provides the majority of disputes, both in arbitration and law. A detailed study of this subject includes many practical examples and calculations, together with a selective look at recent legal decisions on Laytime.

Course content (12 Lessons)

Lesson Topics

  • A Description of Laytime - Its words and phrases
  • Different Types of Laytime - Definite, Indefinite and Calculable - How are they calculated?
  • Commencement of Laytime - Differences between tankers and dry cargo vessels - "Reachable on arrival" and WIBON - Time waiting for berth - Ready in all respects
  • Notice of Readiness and the 'Arrived Ship'- When has a ship "arrived" - Validity of the NOR - Port versus berth charter parties
  • Interruptions and Exceptions - What stops the laytime "clock" running? A closer look at Weather, Strikes, Lockouts, Breakdowns on ship/shore, SHEX/FHEX, SHINC/FHINC and many other terms
  • The Four D's - Demurrage (including a study of Time Bar Clauses) - Damages for Detention - Despatch (including the difference between "working time" and "all time" - Deadfreight
  • Charter Party Laytime Clauses - Tanker charter parties: Asbatankvoy, STBVoy, Exxonvoy, Asba II, Shellvoy and BeePeeVoy - Dry cargo charter parties: Gencon, Norgrain, Baltimore Form C, Centrocon, Austwheat and Amwelsh
  • Special Clauses - other Charter Party clauses that affect laytime calculations - Draft surveys - Documents - Bills of Lading - Pumping - Cargo retention - Deviation - Shifting - Heating
  • Practical Laytime - Step-by-step guide to preparing a timesheet - Timesheet format - Tips worth noting - Examples
  • Dry Cargo Laytime Calculations - Case study practical examples of typical timesheets preparation and laytime calculation
  • Tanker Laytime Calculations - More case study examples in the tanker trades
  • Collection of Demurrage and Despatch - We may earn it but can we collect it? - When is demurrage or despatch due? - How laytime disputes are handled by Tribunals and the Courts

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