Choose Location

P52274 Dry Cargo Laytime & Demurrage
Download Brochure Request

Register your interest

Comments

Register your interest

Comments

Dry Cargo Laytime & Demurrage

6 – 7 March 2019 | Mandarin Orchard Singapore

Register Your Interest Download Brochure

MCF TRAINING GRANT IS AVAILABLE FOR ELIGIBLE PARTICIPANTS.
PLEASE REFER TO WWW.MPA.GOV.SG/MCF FOR INFORMATION.
Early Bird Rate: SGD 3,295 (SGD 200 off normal rates)
REGISTER 2 DELEGATES & THE 3RD COMES FREE!

overview

Key Learning Outcomes

  • Introduction to Laytime
  • Introduction to Demurrage and Despatch
  • Shipowners’ and charterers’ duties
  • When does the clock start to tick?
  • Safe ports and berths and anchorages
  • Arrived ship, Notices of Readiness
  • Statements of Facts
  • Notes of Protest
  • Charter party clauses
  • Time bars

Who Should Attend

Participants will be expected to have little or no prior knowledge of Laytime

  • Ship owners and managers
  • Charterers including Importers, Exporters and Traders
  • Shipbrokers
  • Port and ship agents
  • P&I personnel
  • Logistics and shipping professionals
  • Legal advisers, solicitors and barristers
  • Government bodies and representatives

What Past Delegates Liked About This Course

“The speaker has the shipping/commercial background, the topic is relevant to my daily work”
~ Yang Jiu Qing, GM, IMC Shipping Co Pte Ltd

“There is a lot of discussion among the participants. The trainer displays a lot of knowledge and is generous to share”
~ Jaslyn Ho, Planner, Sumitomo Chemical Asia Pte Ltd

trainer

Jeffrey Blum Charterparty Negotiation | Advanced Laytime & Demurrage

Jeffrey Blum

Agenda

REVIEW OF LAYTIME AND DEMURRAGE

  • Allocation of risk for delay between owners and charterers
  • Definition of laytime, demurrage and despatch
  • Types of Laytime
    • Fixed time
    • Tons per hour/per hatch
    • Custom of port

START OF LAYTIME

  • Arrived ship
  • When does it start?
  • What suspends time?
  • When does time stop running?
  • Notice of Readiness (NOR)

START AND STOPPAGE OF DEMURRAGE

  • Start of demurrage
  • Suspension of demurrage

CALCULATION OF DRY CARGO LAYTIME

  • Types of dry cargo laytime – reversible, averageable, non-reversible
  • Working days and running hours
  • Laydays, early loading clauses, virtual NOR and late arrivals
  • Explanation of terms
    • » WWD / WDWP
    • » WIBON / WIPON / WIFPON / WECCON
    • » SHINC / FHINC / SHEX / FHEX
  • Breakdown of different types of machinery
  • Laytime per working / workable hatches
  • Damages for detention
  • Notice periods, turn times
  • Interruptions and exceptions
  • Pro rated time for part cargoes
  • Shifting and multi berth discharges
  • Other issues affecting the calculation of laytime

LAYTIME AND DEMURRAGE CLAUSES

  • Different charterparties and NOR clauses
  • Weather clauses
  • Practical considerations
    • » Letters of protest
    • » Dry cargoes focused clauses

DEMURRAGE CLAIMS MANAGEMENT

  • Main stages
  • Key clauses in contracts which can affect claims
  • Securing a settlement
  • Enforcement options

CASE STUDY:

A recent laytime and demurrage case will be presented and analysed to give participants a better appreciation of common problems and practical issues arising with Dry cargoes. Specific clauses will be reviewed.

Participants are encouraged to provide alternative solutions to the cases presented and are requested, and requested to send their claim stories latest 1 week prior to this Workshop for general practical and legal discussions (anonymous if preferred).

THE COMMERCIAL CONTRACT TERMS AND CHARTERPARTY CLAUSES

  • Relationship between the two – with examples
  • Traders’ General Terms and Conditions

PROFITABLE USE OF LAYTIME AND DEMURRAGE IN NON-TRADITIONAL WAYS

  • Delaying loading
  • During the course of the voyage
  • Delaying discharge

HANDLING LAYTIME & DEMURRAGE CLAIMS AND DISPUTES

  • Time bars
  • Which documents are essential
  • Dispute resolution methods – and reasons for choice of arbitration or mediation or litigation

 

when & where

06 - 07 Mar 2019

Mandarin Orchard Singapore, by Meritus
333 Orchard Road, Singapore 238867
Tel: +65 6831 6062 | Fax: +65 6737 3130
Mobile No.: +65 8298 9442
Contact Person: Tan Ai Li
Email: aili.tan@meritushotels.com
Website: www.meritushotels.com

On-site & in-house training

Deliver this course how you want, where you want, when you want – and save up to 40%! 8+ employees seeking training on the same topic?

Talk to us about an on-site/in-house & customised solution.

STAY UPDATED ON OUR NEWS & EVENTS

IBC Asia is Singapore's leading event organiser. We conceive, develop and promote our own B2B industry conferences and corporate training courses, and offer tailored managed event solutions.

Find out more