Please select a reason for contacting BIMCO from the list above to find the best contact number
BIMCO Search Results
Results for:Demurrage
Showing 11 - 20 of 195
Laytime and demurrage
15 October 2019This 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.
What are the differences between demurrage and detention?
30 June 2023Demurrage forms an integrated part of the laytime provisions in voyage charter parties operating with fixed laytime. Just as voyage freight, the amount of demurrage negotiated reflects the current market conditions and not necessarily the daily cost of the vessel. This means that it is just as important to negotiate the applicable demurrage rate as skilfully as it is to negotiate the rate of freight. Demurrage constitutes the compensation to which the owners are entitled, if the charterers fail to load or discharge the ship within laytime allowed. However, different jurisdictions construe demurrage differently.
Once on demurrage always on demurrage
02 June 2016Commission on demurrage - GENCON
02 June 2016Demurrage and exceptions clauses
02 June 2016Iran Demurrage Tariff 2021
14 February 2022GUEST OPINION: John Weale on GENCON 2022 - Part 2 The Drafter's Challenge
06 January 2022Laytime & demurrage under the new GENCON - an opinion piece by John Weale, Chairperson of the GENCON revision subcommittee
Club membership
02 January 2024Club membership is open to protection and indemnity associations; freight, demurrage and defence associations; shipping federations, associations of shipowners and other combinations of shipowners, and shipbrokers’ associations. Find out prices and more about joining BIMCO as a club member
Customised inhouse training
19 November 2021Empower your shipping practitioners to overcome today’s maritime commercial and legal challenges, with BIMCO training that’s made just for you.
