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16-04-2024 (Live Online Training)
06-05-2024 (Live Online Training)
15-10-2024 (Live Online Training)

P24GT34SGV Dry Cargo Laytime and Demurrage
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Dry Cargo Laytime and Demurrage

LIVE ONLINE TRAINING | 4 Part Series | Over 4 days
16-19 April 2024 | 12pm – 4pm (SGT)
6-10 May 2024 | 2pm – 6pm (BST)
15-18 October 2024 | 11am – 3pm (SGT)

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REGISTER 2 AND THIRD ATTENDS FOR FREE

overview

Key Learning Objectives

  • Introduction to Laytime
  • Introduction to Demurrage and Despatch
  • Calculation of Laytime for dry cargoes
  • Shipowners’ and charterers’ duties
  • Clauses for dry cargo laytime & demurrage
  • When does the clock start to tick?
  • Safe ports and berths and anchorages
  • Arrived ship, Notices of Readiness
  • Profitable use of dry cargo laytime and demurrage in non traditional ways
  • Demurrage claims management
  • Statements of Facts
  • Notes of Protest
  • Handling of claims and disputes
  • Time bars

Who Will Benefit

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

About the Course

Laytime and demurrage disputes, if not managed effectively, can lead to significant loss by shipowners, charterers or traders, who could, conversely, create significant profit with better handling of relevant contract clauses. Moreover, laytime and demurrage disputes constitute a substantial proportion of shipping-related cases which are tried by arbitrators and courts in many countries, therefore a thorough understanding of it is essential for those employed by law firms, P&I clubs and recovery agents.

This seminar introduces participants to the fundamentals of dry cargo laytime and demurrage through investigating every aspect of this enormous topic.

pricing

Packages Price
Live Online Training 2024SGD $2995

Great Savings:
Register 2 and third attends free. Call us today on +65 6973 3571 or email sgtraining@informa.com to take advantage of the discount offer.

Live Online Training

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Catering to meet all your learning needs:

  • Get high quality practical training from our expert instructors
  • From Face To Face, Online and Blended Learning, get a superior solution for your learning needs
  • Learn live online in an interactive environment
  • Invest in yourself. Invest in your team.

Register today for our Live Online Training courses and find out how they can help you transform the way you work. Contact one of our training consultants on sgtraining@informa.com to find out more.

View Live Online Training Brochure

Testimonials

“The trainer has great shipping & commercial background, the topic is highly relevant to my daily work.”
GM, IMC Shipping Co Pte Ltd

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

“This is a very hands-on, practical programme for me”
Post Fixture Manager, IMC Shipping Co Pte Ltd

trainer

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/Tonnes per hour or per working/workable hatch
    • Custom of port

START OF LAYTIME

  • Laydays, early loading clauses, virtual NOR and late arrivals
  • “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, nonreversible
  • Working days and running hours
  • Explanation of terms
    • » WWD / WDWP
    • » WIBON / WIPON / WIFPON / WECCON
    • » SHINC / FHINC / SHEX / FHEX
  • Breakdown of different types of machinery
  • 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

COVID-19 IMPACTS ON DEMURRAGE AND DETENTION

  • Who is responsible for disruption and delay
    • Off-hires, vessel quarantine, delayed free pratique, delayed certification
    • Voyage charter issues: time count for laytime & demurrage, WIFPON clause
  • Who is liable for demurrage and detention charges
  • BIMCO, Intertanko Coronavirus clause

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

16 Apr 2024

Live Online Training

06 May 2024

Live Online Training

15 Oct 2024

Live Online Training

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.

contact

Still have a question?

Devi Nyunt
Training Consultant
+65 6992 8760
sgtraining@informa.com

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