Seminar: An Introduction to Laytime & Demurrage

Neil Henderson

The talk will cover the following topics:

• Commencement of laytime:
  • The commercial risk of delay: owners or charterers?
  • Berth or port charterparty
  • When is a ship 'arrived'
  • Notice of Readiness: when, how and to whom should it be given
  • When is the vessel actually ready to load
  • Is the berth reachable on arrival?
• Laytime and demurrage and exceptions to time running:
  • Adverse weather/ Weather working days
  • Breakdowns
  • Strikes
  • Port authority or other officials' disruptions
• Invoicing of demurrage and claim

For further information on this seminar please contact Sarah Longden on 020 7440 6900 or sarah.longden@stonechambers.com.

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