FOR

CHARTER
PARTIES 2013
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Table of contents
Range of
0 Laytime 0 Applicatio
definition n
1 Laytime
2
0 Classificati 0 Disruption
on of Laytime
3 4
0 General rules when
calculating
5
LAYTIM
E
01
DEFINIT
ION
Laytime is the amount of
time allowed in a voyage
charter for the loading and
unloading of cargo
 Range
02 of
Applicatio
Laytime just applied
for voyage C/P
nDon’t applied for
Time C/P and Bareboat
C/P
LAYTIME
03
CLASSIFI
CATION
LAYTIME CAN BE
Indefinite Definite
DIVIDED
Laytime INTO
Laytime

Calculable Laytime
Indefinite Laytime
COP CD
Custom of the Customary
Port Despatch
CQD FAC
Customar Quick Fast as Can
Despatch
Laytime
Definite Laytime
For both loading and
specifies how many
discharging operations
days or hours are
laytime sometimes being
allowed, whether for
known as for Laytime
loading or for
For All Purposes
discharging, or for both
operations.
Calculable Laytime
Tonnage calculation :
Tonnage Calculations are
the most common types of
Calculable Laytime.
Laytime
Calculable Laytime
PerHatch calculations
working are
hatch per day
Per hatch
more per day
complicated than
Tonnage Calculations, but
Laytime
Laytime
occasionally need to be
performed: Nonetheless,
there are well-established
procedures to assist.
DISRUPT
ION
04 OF
LAYTIM
E
Disruption of Laytime
Weather
Strikes conditions Breakdown

Weekends and Shifting from berth to

Holidays berth
GENERAL
RULES
05
WHEN
CALCULATI
NG
 General rules when
calculating
Check
Laytime the Statement
Calculation
Establish the isofnot
Laytime Facts (SOF) to be
an activity
Commencement
undertaken
Laytime lightly. There may be
Commencement
Establish the Laytime Cessation
considerable sums of money at stake, which
Check
Calculatethe the
Laytime related orclauses
Demurrage in the
Despatch
will have a noticeable effect on a ship’s
Charterparty
Money
profitability, or on a Charterer’s income.
Check the
Check theLaytime related
Statement of Facts
clauses in the Charterparty
(SOF)
The relevant Charterparty specify Laytime Terms, so
Sometimes, Statement of Facts referred to
that by referring to the Charterparty in relation to the
as a Port Operations Log
details supplied by the Statement of Facts (SOF)
form, a Time Sheet (TS)
Laytime Commencement
Ship must be Arrived
Ready:
Ship must be Arrived
A ship
Ship must
Master
be or Ship Agent
physically must of
capable have
performing
Ship must
tendered be Ready
NOR
cargo-operations, insuch
accordance with the
as at a loading port, holds
Charterparty
must
Shipbe Clauses.
cleaned
must NOR
and prepared
accomplish canforbereceiving
Charterparty given orally,
cargo
Commitments
but usually a written form is used
NOR is accomplished by signing and timing
acceptance on the notice form
Laytime Commencement
Ship must accomplish Charterparty
Commitments
Turn Time
Berth (TT)
Congestion
Custom’s Cleared
When
WIBON
Free waiting turn,inlaytime
(Whether
Pratique Berth or will
Not) not usually
count.
WIFPON (Whether in Free Pratique,
TTNot)
or is limited to "24 hours" and laytime
commences once TTCustom’s
WCCON (Whether period Cleared
has elapsed, or
earlier
or Not) if cargo operations begin within that
period.
 Establish the Laytime
Commencement
Once
Shipa Arrival
ship has arrived
Before at a port, complied with all
formalities and contractual commitments, and
Laydays
If a ship arrives
Shipowner
tendered NOR at a
must loading port
tender within
NOR the laydays
(Notice of
before the Cancelling
Readiness) and timeDate, willthebegin
charterer
to is obliged
count in
toFor example,
produce
accordance awith"at
cargo 08:00
thefor the hours
ship. next
Charterparty working day",
Terms.
or "12 hours following tendering and accepting
NOR "
Establish the Laytime
Cessation
Most charterparties are silent also on the ceases
Commonly, dry-cargo laytime
simultaneously
consequence with theoftermination
of laytime time taken(cessation)
for readingof
cargo-operations
drafts, ,in otheractivity
perhaps an essential words,before
as loading
Bill of is
completed
Lading weight can be estimated.
Calculate the Demurrage or
Despatch
Demurrage: Money
Despatch
The
In charterer
case
Despatch acan bewill
vessel doesbenot
rewarded
sub-dividedcompletebythe
as beingthepayable
payment
loading
of
on:Despatch
and/or Money,
discharge which
within is commonly
the time allowed inarranged
the
at half the daily
charter-party,
All-Time therate
Saved of Demurrage
owners are entitled to a
compensation
Despatch
Laytime money for (Working
Saved the1/2
= extra delay
Time beyond
of demurrage the
money
Saved)
agreed time,
Once on Demurrage, Always on Demurrage
Thanks for
listening