Laytime demurrage masterclass

Masterclass 04 September 2019 - 06 September 2019
BIMCO members GBP 1,015.00
non-members GBP 1,370.00
VAT (excl. VAT@20%)
Early bird discounts available. See below
Group discounts available
DoubleTree by Hilton Hotel London - Tower of London
7 Pepys Street, London, EC3N 4AF, UK
Double Tree Hilton Tower of London Hotel

Programme and links

OVERVIEW

This masterclass covers general principles on laytime and demurrage for both dry and wet trades. The course focuses on the fundamental principles which underpin laytime and demurrage and how these principles can be changed quite dramatically by the wording of contractual terms. Laytime and demurrage disputes constitute a substantial proportion of the cases which are tried by arbitrators and courts in many countries and which result in substantial legal/other costs to the parties concerned. The course also includes practical examples of calculations through a case study. The masterclass will cover the following key topics:

  • introduction to laytime and demurrage
  • types of laytime
  • commencement of laytime
  • stoppages and termination of laytime
  • example of laytime calculation using statement of facts, timesheets, etc.
  • overview of demurrage and dispatch
  • averaged and reversible laytime
  • damages for detention
  • stoppage and termination of demurrage
  • international sale contracts and demurrage payments
  • commercial usage of laytime/demurrage in non-traditional ways
  • time bar and other issues affecting claims for demurrage
  • litigating or arbitrating demurrage claims – a comparison
  • case studies and worked examples: choose from either tanker or dry cargo case study groups.

The masterclass ends with a final assessment (dry or tanker) where participants can test their understanding and gained knowledge. 

PAYMENT BY CREDIT CARD ONLY

This ensures that your seat on the course is reserved immediately. 

Discounts

Early bird sign up

BIMCO members

For individual participants, an early bird price of GBP: 914 applies if sign up and payment is received before 18-June-2019

BIMCO non-members

For individual participants, an early bird price of GBP: 1233 applies if sign up and payment is received before 18-June-2019

Group Discounts

10% group discount is available for registering 3 or more participants from the same company. Group discounts cannot be combined with early bird discounts.

Richard Williams

Richard Williams was a partner with Ince & Co for 25 years and was chairman of the firm’s dry shipping business group specialising in carriage of goods, charter parties and P&I issues. He was regularly consulted both by private clients and also by United Nations agencies and other international bodies in relation to industry-wide issues. He is the author of numerous articles on shipping law and is co–author of the standard textbook “Limitation of Liability for Maritime Claims” published by Lloyds of London Press (4th edition 2005). He is now a consultant to Ince & Co and a visiting professor, teaching ma... Read more

Baris Soyer

Professor Soyer is the Director of the Institute of International Shipping and Trade Law at Swansea University (www.swansea.ac.uk/law/istl). He is a member of the British Maritime Law Association and British Insurance Law Association. He is the author of Warranties in Marine Insurance published by Cavendish Publishing (2001), Marine Insurance Fraud published by Informa Publishing and of an extensive list of journal articles published in elite journals such as Lloyd’s Maritime and Commercial Law Quarterly, Journal of Business Law, Cambridge Law Journal, Edinburgh Law Review, Law Quarterly Review, Torts Law Journal and Journal of... Read more

Peter Grube

Peter Grube is Head of Training: Courses and joined BIMCO in 1990. His first position was in the Support & Advice team, where he assisted BIMCO members with a wide range of commercial issues. In 2000 he was appointed Marketing & Sales Director of BIMCO, responsible for promoting and driving forward BIMCO’s global position as a leading maritime organisation. In 2005 he transferred to BIMCO Training, developing, coordinating and delivering BIMCO courses and seminars world-wide. Prior to joining BIMCO he worked in ship ownership in Copenhagen as well ... Read more

HOW TO SIGN UP

BIMCO only accepts sign up online. During the sign up process, you are able to sign up yourself and on behalf of colleagues. One invoice will be produced for all participants. Discounts will be calculated automatically during the sign up process based on your selections.

Reserve a single or multiple (unnamed) seats

If you would like to reserve and purchase a single or multiple seats on a training course, but do not currently know the names of the participants, then please send a request to training@bimco.org. You will receive a login to the website and will be able to add the name/s and contact details of the participants once the invoice has been generated.

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Peter Grube

Peter Grube, Head of Training

Why Choose BIMCO?

BIMCO Training brings you world class training programmes and industry experts, either online or on-site, to guide you through some of the most important shipping topics where BIMCO has over 110 years’ experience and trust.

Customised  training

Usually 2-3 days on-site training customised to a specific or range of topics to meet your organisation’s needs.

Ways To Study

BIMCO provides a versatile mix of learning options giving you the opportunity to cover topics via face-to-face training at one of BIMCO’s global shipping hubs or through customised training to meet your company’s specific needs.