Course price

Discounts

10% group discount is available for registering 3 or more participants from the same company at the same time. 

Overview

Laytime and Demurrage Masterclass Online is a series of 10 online sessions highlighting key laytime and demurrage topics. Each session will run for 75 minutes and will cover essential laytime and demurrage issues.

What will you learn?

This masterclass covers principles on laytime and demurrage for both dry and wet trades. The course examines, in a practical way, the application of laytime and demurrage in the daily operations. It covers the key legal concepts and a step-by-step approach to effectively use the knowledge to work strategically with laytime calculations to boost profitability.

Dates and topics of Laytime & Demurrage Masterclass Online

Session 1: Monday, 1 February 2021, Introduction to Laytime
Session 2: Tuesday, 2 February 2021, Types of Laytime
Session 3: Wednesday, 3 February 2021, Commencement of Laytime
Session 4: Thursday, 4 February 2021, Stoppage and Termination of Laytime
Session 5: Friday, 5 February 2021, Demurrage and Despatch
Session 6: Monday, 8 February 2021, Stoppage and Termination of Demurrage
Session 7: Tuesday, 9 February 2021, Case Study - Worked Example
Session 8: Wednesday, 10 February 2021, Damages for Detention
Session 9: Thursday, 11 February 2021, Liens
Session 10: Friday, 12 February 2021, Time Bar Clauses and the Commercial Usage of Laytime and Demurrage in Non-Traditional Ways

Starting hours (for all sessions) 

09:00   Montréal (EST)
14:00   London (GMT)
15:00   Copenhagen (CET)
16.00   Athens (EET)
18:00   Dubai (GST)
22:00   Hong Kong/Singapore (HKT/SGT)

What do participants say about the course? 

“The course provides a very systematic way to introduce concepts of laytime and demurrage and the relevant legal issues.” 
(Laytime & Demurrage Masterclass Online participant, August 2020)

How will this course help your professional development?

 

Course certification

Participants will be given an option of taking a final assessment (one-hour open-book test) at the end of the course, and Certificate of Achievement will be issued with a grade (distinction, merit or pass). Those not taking the assessment will receive a Certificate of Attendance.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided once the registration is completed.

You will also receive access to BIMCO's eLearning modules on "Dry Cargo Laytime and Demurrage" and "Tanker Laytime and Demurrage".

Speakers

Organiser