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06-03-2019 (Singapore)

P52274 Dry Cargo Laytime & Demurrage
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Dry Cargo Laytime & Demurrage

6 – 7 March 2019 | Mandarin Orchard Singapore

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Super Early Bird Rate: SGD 3,095 (SGD 400 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

pricing

Packages Price
2 Day TrainingSGD $3495SGD $3095Early BirdEarly Bird

Super Early Bird Rate: SGD 3,095 (SGD 400 off normal rates)
Register and Pay on or before 14 December 2018

In-House Training
Save up to 40% off normal rates! (8 or more attendees)

Register 2 Delegates & the 3rd attends FREE!
Group rate is based on normal rate of 2-day main conference package only.
For Group Registrations, email register@ibcasia.com.sg or call +65 6508 2401

 

  • Special Group Discount pricing is applicable to groups of 2 or more delegates from the same organisation registering for the same event, at the same time.
  • Fee stated is the discounted price PER DELEGATE. Only one discount applies – either the early bird rate OR the Special Group Discount.
  • All fees stated include luncheons, refreshments and complete set of documentation. It does not include the cost of accommodation and travel.
  • A 7% Goods & Services Tax (GST) is applicable to all Singapore based companies for Singapore venue.
  • View payment terms and bank transfer details, click here »

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
  • What stops the running of demurrage

CALCULATION OF LAYTIME FOR DRY AND WET CARGOES

  • 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 on wet and dry ships
  • Laytime per working / workable hatches on dry cargo ships
  • Damages for detention
  • Notice periods, turn times, EDP
  • Interruptions and exceptions
  • Pro rated time for part cargoes
  • Shifting and multi berth discharges
  • Pumping clauses, pumping logs, excess pumping calculations
  • Other issues affecting the calculation of laytime

LAYTIME AND DEMURRAGE CLAUSES

  • Different charterparties and NOR clauses
  • Weather clauses
  • Time bar clauses
    • Practical considerations including Crude oil washing
    • Stripping
    • Letters of protest

DEMURRAGE CLAIMS MANAGEMENT

  • Main stages
  • Key clauses in your contract that can impact your 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. Specific clauses will be reviewed and participants will be encouraged to provide alternative solutions to the case. Delegates are asked to send their claims stories latest one week prior to this Workshop for general practical and legal discussion (anonymous if preferred).

THE COMMERCIAL CONTRACT TERMS AND CHARTERPARTY CLAUSES

  • Relationship between the two – with examples
  • Traders’ GT&C (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 choices 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

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