COURSE OVERVIEW

Course Description

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. This course is designed to provide participants with a detailed and up-to-date overview of demurrage/laytime. It covers the laytime, demurrage and despatch; the various types of laytime; the start of laytime during the arrival of the ship; the notice of readiness (NOR); the start and stoppage of demurrage and calculating laytime for dry and wet cargoes; and the laytime and demurrage clauses covering different charterparties & NOR clauses, weather clauses, time bar clauses, crude oil washing, stripping & letters of protest. During this interactive course, participants will learn the various samples of calculations; the demurrage claims management and its main stage, key clauses in your contract that can impact the claims, securing a settlement and enforcement options; the commercial contract terms and charterparty clauses; the profitable use of laytime and demurrage in nontraditional ways; the delaying loading, during the course of the voyage and delaying discharge; handling laytime and demurrage claims and disputes; the time bars and essential documents; and the dispute resolution methods and reasons for choices of arbitration or mediation or litigation

link to course overview PDF

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

30 % Lectures
20 % Workshops & Work Presentations
20 % Case Studies & Practical Exercises
30 % Videos, Software & Simulators

In an unlikely event, the course instructor may modify the above training methodology for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable:

Certificates	:	Only soft copy certificates will be issued
Training Materials	:	Only soft copy materials will be issued
Training Methodology	:	80% theory, 20% practical
Training Program	:	4 hours per day, from 09:30 to 13:30