This covers principles of laytime and demurrage for dry and wet trades, and examines the application of laytime and demurrage in daily operations.
This covers principles of laytime and demurrage for dry and wet trades, and examines the application of laytime and demurrage in daily operations.
This covers principles of laytime and demurrage for dry and wet trades, and examines the application of laytime and demurrage in daily operations.
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 liste... Please follow the link to continue reading.
This covers principles of laytime and demurrage for dry and wet trades, and examines the application of laytime and demurrage in daily operations.
The general position under English law is that once laytime has started to count, it will count unabated, save the exceptions expressly agreed or if there is a fault on the part of the owners or those for whom they are responsible. Here, we will focus on a few of the most common exceptions, and on w... Please follow the link to continue reading.
Jean-Paul is a former shipbroker, laytime, and operations expert who manages laytime and demurrage cases globally. Through Demurrage Desk, he designs tailored contracts and clauses to optimise and mitigate laytime risk. In addition, he provides personalised consultancy services to stakeholders, such... Please follow the link to continue reading.
Peter Storm, Manager, Support and Advice at BIMCO, is responsible for advising and guiding BIMCO members on contractual issues and disputes. This includes recommendation of relevant charter party forms, advice on terms and clauses, as well as guidance regarding interpretation and construction of cha... Please follow the link to continue reading.
Merete Lund Greisen is Head of Support & Advice and has been with BIMCO since April 2013 and is responsible for advising and guiding BIMCO members on contractual issues and disputes. This involves recommending the right charter party forms, commenting on terms and clauses agreed (and to be agreed), ... Please follow the link to continue reading.
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