Laytime and Demurrage 2016

Key Topics

• The art of calculating laytime for voyage charterparties
• The considerations of demurrage from the perspectives of shipowners and charterers, and also buyers sellers under trading contracts, against background of Gencon 76 and 94 and also ASBATANKVOY and other tanker charterparty forms
• Exceptions and interruptions to laytime
• Different ways of expressing/defining laytime and the practical consequences
• Laytime and demurrage clauses in CIF and FOB sale contracts
• Harmonious business relationships and circumvent expensive legal proceedings
• Potential link between pumping warranty claims and claims under AMOCO or similar retention clauses for cargo ROB
• How breach of pumping and/or temperature warranties affects laytime and demurrage
• The distinctions between dry and wet cargo provisions for laytime and demurrage
• How to improve clarity and increase advantage in charterparty clauses
• Collection of demurrage through tighter drafting and effective use of lien Clause
• How to reduce charterers potential exposure to demurrage claims

Who should Attend

• Commercial Managers
• Chartering Managers
• Marine Claims Managers
• Marine Operations Managers
• Contracts Managers
• Legal Counsel & Managers
• P&I Executives
• Logistics & Supply Chain Managers
• Sales & Marketing Executives
• Port & Terminal Managers
• Commodity Traders