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    Solution For Laytime Calculation

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    Pham Thảo
    The document outlines the terms of a charterparty agreement for transporting a cargo of at least 5,000 metric tons of an unspecified material. It allows for 1600 metric tons per weather working day for loading and 1200 metric tons per weather working day for discharging, excluding Sundays and holidays. Demurrage will be charged at $1,800 per day or pro rata for any time lost beyond the allotted laytime for loading or discharging. A statement of facts provides details of an example shipment, showing demurrage was owed of 1 day and 9 hours at the above rate, totaling $2,512.50.

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    Solution For Laytime Calculation

    Uploaded by

    Pham Thảo
    644 views2 pages
    The document outlines the terms of a charterparty agreement for transporting a cargo of at least 5,000 metric tons of an unspecified material. It allows for 1600 metric tons per weather working day for loading and 1200 metric tons per weather working day for discharging, excluding Sundays and holidays. Demurrage will be charged at $1,800 per day or pro rata for any time lost beyond the allotted laytime for loading or discharging. A statement of facts provides details of an example shipment, showing demurrage was owed of 1 day and 9 hours at the above rate, totaling $2,512.50.

    Original Description:

    logistics compute dispatch/demurrage compensation

    Original Title

    Solution for Laytime Calculation

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    The document outlines the terms of a charterparty agreement for transporting a cargo of at least 5,000 metric tons of an unspecified material. It allows for 1600 metric tons per weather working day for loading and 1200 metric tons per weather working day for discharging, excluding Sundays and holidays. Demurrage will be charged at $1,800 per day or pro rata for any time lost beyond the allotted laytime for loading or discharging. A statement of facts provides details of an example shipment, showing demurrage was owed of 1 day and 9 hours at the above rate, totaling $2,512.50.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    644 views2 pages

    Solution For Laytime Calculation

    Uploaded by

    Pham Thảo
    The document outlines the terms of a charterparty agreement for transporting a cargo of at least 5,000 metric tons of an unspecified material. It allows for 1600 metric tons per weather working day for loading and 1200 metric tons per weather working day for discharging, excluding Sundays and holidays. Demurrage will be charged at $1,800 per day or pro rata for any time lost beyond the allotted laytime for loading or discharging. A statement of facts provides details of an example shipment, showing demurrage was owed of 1 day and 9 hours at the above rate, totaling $2,512.50.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Example 1. "Sundays and Holidays excepted unless used (SHEX u.u.

    )" and
    "Weather working days (WWD)".

    A GENCON charterparty, with modifications and rider clauses, provides for:

    Cargo: minimum 5000 metric tons (mt) up to full load capacity of the vessel at
    charterers' option.

    Laytime for loading: 1600 mt per WWD SHEX u.u.

    Laytime for discharging: 1200 mt per WWD SHEX u.u.

    Laytime clause: "Laytime for loading and discharging shall commence at 1 p.m. if Notice
    of Readiness is given before noon and at 8 a.m. next working day if notice given during
    office hours after noon. Notice at loading port to he given to the shippers named in Box
    17. Time actually used before commencement of laytime shall count. Time lost in
    waiting for berth to count as loading or discharging time as the case may be."

    Demurrage and despatch clause: "Demurrage to be paid at the rate of USD 1,800 per
    day/pro rata for all working time lost. Despatch money to be paid at half the rate of
    demurrage for all working time saved. Demurrage/ despatch, if any, to be settled directly
    between Owners and Charterers."

    Statement of facts:

    Vessel arrived: 14.00, Thursday 22 November

    Vessel berthed: 15.30, 22 November

    Notice of Readiness tendered: 14.00, 22 November

    Notice of Readiness accepted: 14.00, 22 November

    Cargo weight/quantity: 5,500 mt

    Loading commenced: 16.00, 22 November


    Loading completed: 10.30, 29 November

    Laytime allowed for loading: 3d. l0h. 30m. (5500/1600)

    Time to count from: 0800, 23 November

    Working hours /meal hours of the port: Midnight. to midnight each day except on
    Sundays, and holidays unless required.

    Demurrage: 1d 9h 34m @ $ 1800.00 per day and pro rata = $2512.50

    The rain on 28 November occurred after laytime expired and the principle of "Once on
    demurrage, always on demurrage" applies.

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