Posts Tagged ‘maritime training’
Difference between Demurrage and Detention
Estimated reading time: 6 minutes For those in the business of shipping, delays can be costly. It is common practice for ship-owners to charter vessels in return for freight. When…
Read MoreWhat is the International Safety Management (ISM) Code?
Estimated reading time: 5 minutes Global oil and gas terminals today are faced with multiple challenges. With the recent introduction of the IMO 2020 Regulation: Standards, Compliance and…
Read MoreNotice of Readiness for Laytime Calculation (With Real-Life Case Study Example)
Estimated reading time: 5 minutes Laytime and demurrage are one of the most litigious issues in shipping. The terms in the contracts are tricky as it is commonplace that…
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