Lay-time and Demurrage are perhaps the two most litigious aspects of chartering vessels and has been the subject of numerous disputes over the years. This training programme is uniquely designed to focus on the complexities of Lay-time and Demurrage (both Wet & Dry sectors), gaining practical expertise and knowledge to understand and analyze contractual issues and post-fixture strategies. Delegates will have the opportunity to gain precious insight and first- hand knowledge from our leading industry expert.
This highly interactive training program will cover the topics of Lay-time & Demurrage starting from refreshing the basics to advanced level including commencement and calculation of lay-time, exceptions and interruptions, calculation of Demurrage and issues with any claims.
Port Handling and Transportation defines the functions of a Port and secondly how these ports are better managed in terms of administration and operational.
No two ports are alike. Their physical lay-out has been determined by geographical conditions, their size and importance by the requirement of the Port Operator. Put these two elements together to run the Operational and Management aspect of a Port for a greater efficiency
The maxim “time is money” is particularly relevant in relation to all aspects of shipping activity. In the context of voyage charters the risk of delay falls predominantly on the ship-owner since the owner receives the same amount of freight no matter how long the voyage takes. Therefore, if the ship-owner’s initial guesstimate of the overall duration of the voyage proves subsequently to be inaccurate, his expenses will increase and this will squeeze the profit margin that he has built into the freight. Therefore, the ship-owner will wish to transfer the risk of delay, particularly during those stages of the overall voyage over which he has the minimum control (i.e. the loading and discharging of the cargo), to the charterers.
At same time the charterers will not wish to accept the risk of delays occurring either on those stages of the overall voyage over which they have the minimum control or when delays occur beyond their control during the cargo operations stages.
Participants will understand Lay-time and demurrage provisions are intended to allocate the risk of delay by agreement between the ship-owners and voyage charterers, and, if needs be, between the sellers and buyers under an underlying cargo sale contract. However, unlike many other aspects of shipping, lay-time and demurrage is not subject to any compulsory international regulation and is not the subject of insurance. Therefore, disputes relate to the ship-owners’, charterers’ or traders’ “own dollar in their own pocket” and success often depends on the successful or unsuccessful negotiation of particular contractual terms. Consequently, shipping and trading companies tend to employ lay-time and demurrage specialists who, if successful, can contribute substantially to that organization’s profitability.
Participants will also able to explain the importance of different types of Ports in international trade. Discuss the main aspects of Port Planning. Analyze the importance of different Port equipment’s.
This highly interactive and intensive training course provides attendees with the latest practices, tools and techniques. Our format combines real-world practical case study examples, hypothetical scenarios, group exercises and tutorial-style presentations with a focus on collaborative and interactive learning. Notes are in an open format with slides but leave room for personal notes. The instructor’s slides will be available after the course in pdf format.
SESSION 1: Introduction to Lay-Time and Demurrage Dispatch and Detention.
- Lay-time and the voyage
- Concept of Arrived
- Ship Notice of Readiness
- Demurrage defined
- Lay-days and Lay-can
SESSION 2: Commencement and End of Lay-Time
- When does lay-time start to run?
- What exceptions will suspend lay-time?
- When does lay-time end?
- Types of lay-time.
SESSION 3: Start and Stop of Demurrage
- Start of Demurrage
- Suspension of Demurrage
- When Does time Stop Running
- What Stops the Running of Demurrage
SESSION 4: Shipping Industry and Market Structure
- Types of Vessels
- Types of Routes
- Legal and Regulatory Bodies
- Freight Markets
SESSION 5: Profitable use of Lay-time and Demurrage in Non-Traditional ways
- Delaying Loading
- During the course of Voyage
- During Discharge
SESSION 6: The Basic Operations of a Port
- The movement of ship to the berth
- E of Facilities for loading and discharging ships
- Berth design and different conceptions
- Quay cranes versus ships’ gear
- Oversize discharge
- The Handing of general cargo
- The tallying of cargo
SESSION 7: Containers
- Conditions favorable to Container traffic
- Different types of Containers
- The impact of Containers on transportation
- The impact of Containers on Ports
- The ideal Berth layout for the Container ship
SESSION 8: Port Labor and Management
- Introduction to Port Labor
- Conditions of Port Labor
- Demand for Dock Labor
- Safety in Port work
- Shift working in Ports
- Training of workers and staff