10% group discount is available for registering 3 or more participants from the same company at the same time.
Laytime and Demurrage Masterclass Online is a series of 10 online sessions delivered over 5 days. Each day will run for 120 minutes with a short break in between. The masterclass will cover essential laytime and demurrage issues.
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.
|Monday 8 January
|Introduction to laytime and demurrage
|Types of laytime
|Tuesday 9 January
|Commencement of laytime
|Stoppage and termination of laytime
|Wednesday 10 January
|Demurrage and despatch
|Stoppage and termination of demurrage
|Thursday 11 January
|Damages for detention
|Case study – Worked example
| Baris Soyer
Friday 12 January
|Practical aspects of laytime and demurrage calculations
|Time bar clauses and the commercial usage of laytime and demurrage in non-traditional ways
“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)
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.
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".