Laytime Definitions for Charter Parties 2013
Overview
The Laytime Definitions for Charter Parties have been developed to provide practitioners with a set of meanings of commonly used words and phrases. The objective is to help reduce disputes about party intentions in a market where fixtures are often concluded on the basis of a recap message and listed amendments, without the exchange or return of draft contracts. These provisions have been developed for incorporation into charter parties. The latest edition of these definitions is the Laytime Definitions for Charter Parties 2013.
Laytime Definitions for Charter Parties 2013
Supporting documents
-
0.7 MB
Laytime definitions for charter parties 2013
Download now
Related Help & Advice
Create or edit a contract
The one-stop digital shop for all the standard maritime contracts and clauses you’ll ever need.
Related publication
Check Before Fixing
This publication builds upon decades of BIMCO’s experience as the world leader in developing standard shipping contracts and clauses and its daily practic...
Related training
Summer Shipping School
- Vaerloese, Denmark
- 24 June, 2024
The Summer Shipping School is designed to provide a thorough overview of skills used in chartering and operations through case studies and first-class teaching....
Related event
15+15 webinar: ETS clauses status - and looking ahead
- 01 May, 2024
Following on from our recent 15+15 webinar "Navigating EU ETS in contracts" which provide...
Latest Related News
-
BIMCO publishes ship financing forms to ensure uninterrupted use of ships
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility.
-
BIMCO starts work on contract for growing wind turbine market
BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry as the global demand for more renewable sources of energy increases.
-
BIMCO approves revised SYNACOMEX grain charter
BIMCO’s Documentary Committee has approved a revised version of the Continent Grain Charter Party, SYNACOMEX, to reflect changes in the geopolitical landscape following events including the COVID-19 pandemic and the war in Ukraine. The revised charter party now includes BIMCO’s anti-corruption clause and updated versions of the war risks and sanctions clauses.
-
BIMCO publishes updated GENCON contract
BIMCO has published a revised and updated version GENCON 2022 - one of its flagship contracts within its portfolio of standard contracts for the maritime industry. The revisions reflect significant changes in the regulatory landscape since the contract was last updated.
-
BIMCO launches ship sale and purchase agreement
BIMCO has produced its own ship sale and purchase agreement - SHIPSALE 22 – with the aim of making the authoring, negotiation and execution process faster and simpler, and to provide the market with a modern and comprehensive alternative to existing sale and purchase forms.
ELSEWHERE ON BIMCO
Holiday calendar
BIMCO's Holiday Calendar covers general holidays in over 150 countries, plus local holidays and working hours in more than 680 ports around the world.
Taxes, tariffs & charges
Access information on national, regional or port tariffs, taxes and charges.
Learn about your cargo
For general guidance and information on cargo-related queries.
