dbcscc ® 11-Июн-2020 15:44

A Layman's Guide To Laytime


Year: 2007
Language: english
Author: Erwin de Zwarte
Genre: Documentation
Publisher: Arklow, Co.Wicklow,
Edition: 1st
Format: PDF
Quality: eBook
Pages count: 113
Description: What is laytime ?
The definition of LAYTIME by Bimco, The Baltic and
International Maritime Conference, Copenhagen Denmark (the
world’s leading Shipowners/ Shipbrokers organisation) is :
‘The period of time agreed between the parties during which
the Owner will make and keep the vessel available for loading
or discharging without payment additional to the freight’.
Consequently, when there are delays involved in loading and
discharging the pre-agreed laytime allowed for loading and
discharging can be exceeded. If this is the case, additional
freight is due to the Owner.
This additional freight is commonly known as ‘demurrage’.

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A Layman's Guide To Laytime

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