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Practical A to Z Guide to Laytime and Demurrage

21st February 2022 - 23rd February 2022

|Recurring Event (See all)

One event on 18th July 2022 at 12:00 am

One event on 21st November 2022 at 12:00 am

One event on 5th December 2022 at 12:00 am

One event on 8th March 2023 at 12:00 am

One event on 20th November 2023 at 12:00 am

Why Choose this Training Course

This is a 3-day training course. Led by an experienced maritime arbitrator, this course will provide an in-depth understanding of laytime and demurrage to avoid expensive legal proceedings and maximize the profitability of a fixture, especially for liquid cargo. Catered to the perspectives of both shipowners and charterers, this course will discuss the calculation and exceptions of laytime, despatch, and the role played by damages for detention. Breach of pumping and/or temperature warranties and pumping warranty claims will be examined. This course will also look at the possible revisions of contract clauses that either party can negotiate for improved clarity and increased advantage.

Through real-life case studies, practical exercises, and or interactive mock dispute, our expert course facilitator will share the ways to reduce a charterer’s potential exposure to demurrage claims, and to increase the collection of demurrage for shipowners through tighter drafting and effective use of lien on cargo and other legal remedies.

Who Should Attend

This workshop is for professionals in the shipping industry who have some experience with ship chartering, and would like to enhance their working knowledge of demurrage for outstanding business performance.

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

Key Learning Objectives

  • UNDERSTAND different type of charter-party and the various issues involved
  • LEARN the definition and calculation of laytime based on “Laytime Definitions 2013” and charter-party clauses
  • DISCOVER the fundamental of contract law in relation of demurrage, damages of detention and despatch
  • LEARN the responsibilities and liabilities of charterers and how to assess the termination of demurrage period
  • ACQUIRE practical skills in demurrage calculation for both dry and wet charters and its applications from early negotiation stage to voyage
  • KNOW the importance of various interpretation of legal terms agreed and the possible legal claim
  • IMPROVE understanding on dispute resolutions methods and arbitration processes

Enquiry Form

  • This is just an approximate number. You can finalise it when you send in the registration form.


21st February 2022
23rd February 2022
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Opus Kinetic Pte Ltd
+65 6294 6415
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