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From: "Laytime & Demurrage" <serene@corporate-courses.com>
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Subject: Understanding of Laytime clauses in a Charter Party
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 Content preview:  Advanced Laytime and Demurrage Masterclass 5 - 6 March 2018
    , Kuala Lumpur, Malaysia 25 - 26 March 2018 , Dubai, United Arab Emirates
    [...] 
 
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Advanced Laytime and Demurrage Masterclass

5 - 6 March 2018 , Kuala Lumpur, Malaysia

25 - 26 March 2018 , Dubai, United Arab Emirates

To request brochure, please reply with subject code 'LD-C' or contact +65 6=
825 9551 .

=20

In commercial shipping, laytime is the amount of time allowed, in hours or =
days, in a voyage charter for the loading and unloading of cargo. If the la=
ytime is exceeded, demurrage is incurred. Demurrage here is the charge paya=
ble to the owner of a chartered ship in respect to failure to load or disch=
arge the ship within the time agreed. If the whole period of laytime is not=
 needed, despatch may be payable by the ship owner to the chartered, depend=
ing on the terms of the charter party. The despatch, though, does not apply=
 to tanker charters.

=20

Laytime is a very practical subject but it also causes many legal disputes.=
 Thus it is essential to keep up-todate with the relevant law cases which w=
ill be presented during this session and the following ones during the semi=
nar.

=20

To unsubscribe, reply with subject ' Unsub-C cs@transocean.com


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<P style=3D"TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><A =
name=3DOLE_LINK12></A><A name=3DOLE_LINK11><SPAN style=3D"mso-bookmark: OLE=
_LINK12"><B style=3D"mso-bidi-font-weight: normal"><SPAN style=3D"LINE-HEIG=
HT: 115%; COLOR: #002060; FONT-SIZE: 14pt"><FONT face=3DCalibri>Advanced La=
ytime and Demurrage Masterclass<o:p></o:p></FONT></SPAN></B></SPAN></A></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><B style=3D"mso-b=
idi-font-weight: normal"><SPAN style=3D"LINE-HEIGHT: 115%; COLOR: #0070c0; =
FONT-SIZE: 12pt; mso-bidi-font-family: Andalus"><FONT face=3DCalibri>5 - 6 =
March 2018 , Kuala Lumpur, Malaysia<o:p></o:p></FONT></SPAN></B></SPAN></SP=
AN></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><B style=3D"mso-b=
idi-font-weight: normal"><SPAN style=3D"LINE-HEIGHT: 115%; COLOR: #0070c0; =
FONT-SIZE: 12pt; mso-bidi-font-family: Andalus"><FONT face=3DCalibri>25 - 2=
6 March 2018 , Dubai, United Arab Emirates<o:p></o:p></FONT></SPAN></B></SP=
AN></SPAN></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><FONT size=3D3><FONT fac=
e=3DCalibri><SPAN style=3D"mso-bookmark: OLE_LINK11"><SPAN style=3D"mso-boo=
kmark: OLE_LINK12"><B style=3D"mso-bidi-font-weight: normal"><SPAN style=3D=
"COLOR: #404040; mso-bidi-font-family: Andalus; mso-themecolor: text1; mso-=
themetint: 191">To request brochure, please reply with subject code </SPAN>=
</B></SPAN></SPAN><SPAN style=3D"mso-bookmark: OLE_LINK11"><SPAN style=3D"m=
so-bookmark: OLE_LINK12"><B style=3D"mso-bidi-font-weight: normal"><SPAN st=
yle=3D"COLOR: #002060; mso-bidi-font-family: Andalus">'LD-C' </SPAN><SPAN s=
tyle=3D"COLOR: #404040; mso-themecolor: text1; mso-themetint: 191">or conta=
ct +65 6825 9551 .<o:p></o:p></SPAN></B></SPAN></SPAN></FONT></FONT></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><SPAN style=3D"LI=
NE-HEIGHT: 115%; COLOR: #404040; FONT-SIZE: 12pt; mso-themecolor: text1; ms=
o-themetint: 191"><o:p><FONT face=3DCalibri>&nbsp;</FONT></o:p></SPAN></SPA=
N></SPAN></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><SPAN style=3D"LI=
NE-HEIGHT: 115%; FONT-SIZE: 12pt"><FONT face=3DCalibri>In commercial shippi=
ng, laytime is the amount of time allowed, in hours or days, in a voyage ch=
arter for the loading and unloading of cargo. If the laytime is exceeded, d=
emurrage is incurred. Demurrage here is the charge payable to the owner of =
a chartered ship in respect to failure to load or discharge the ship within=
 the time agreed. If the whole period of laytime is not needed, despatch ma=
y be payable by the ship owner to the chartered, depending on the terms of =
the charter party. The despatch, though, does not apply to tanker charters.=
<o:p></o:p></FONT></SPAN></SPAN></SPAN></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><SPAN style=3D"LI=
NE-HEIGHT: 115%; FONT-SIZE: 12pt"><o:p><FONT face=3DCalibri>&nbsp;</FONT></=
o:p></SPAN></SPAN></SPAN></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><SPAN style=3D"LI=
NE-HEIGHT: 115%; FONT-SIZE: 12pt"><FONT face=3DCalibri>Laytime is a very pr=
actical subject but it also causes many legal disputes. Thus it is essentia=
l to keep up-todate with the relevant law cases which will be presented dur=
ing this session and the following ones during the seminar.<o:p></o:p></FON=
T></SPAN></SPAN></SPAN></P>
<P style=3D"MARGIN: 0cm 0cm 0pt" class=3DMsoNormal><SPAN style=3D"mso-bookm=
ark: OLE_LINK11"><SPAN style=3D"mso-bookmark: OLE_LINK12"><B style=3D"mso-b=
idi-font-weight: normal"><SPAN style=3D"COLOR: #404040; mso-themecolor: tex=
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LOR: #404040; mso-themecolor: text1; mso-themetint: 191"><FONT size=3D3 fac=
e=3DCalibri>To unsubscribe, reply with subject ' Unsub-C cs@transocean.com =
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