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X-WR-CALNAME:Opus Kinetic
X-ORIGINAL-URL:https://www.opuskinetic.com
X-WR-CALDESC:Events for Opus Kinetic
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DTSTART:20200101T000000
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DTSTART;VALUE=DATE:20210927
DTEND;VALUE=DATE:20210930
DTSTAMP:20260408T190053
CREATED:20210506T063049Z
LAST-MODIFIED:20210506T063049Z
UID:10001189-1632700800-1632959999@www.opuskinetic.com
SUMMARY:Practical A to Z Guide to Laytime and Demurrage
DESCRIPTION:About this Training Course\nLed 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. \n\nThrough 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. \nWho Should Attend\nThis 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. \n\nChartering Managers\nCommercial Managers\nMarine Operations Managers\nMarine Claims Managers\nLegal Counsels & Managers\nContracts Managers\nLogistics & Supply Chain Managers\nP&I Executives\nPort & Terminal Managers\nSales & Marketing Executives\nCommodity Traders\n\nKey Learning Objectives\n\nUNDERSTAND different type of charter-party and the various issues involved\nLEARN the definition and calculation of laytime based on “Laytime Definitions 2013” and charter-party clauses\nDISCOVER the fundamental of contract law in relation of demurrage\, damages of detention and despatch\nLEARN the responsibilities and liabilities of charterers and how to assess the termination of demurrage period\nACQUIRE practical skills in demurrage calculation for both dry and wet charters and its applications from early negotiation stage to voyage\n\nKNOW the importance of various interpretation of legal terms agreed and the possible legal claim\nIMPROVE understanding on dispute resolutions methods and arbitration processes\n\nEnquiry Form\n\n\n                 \n \n                        SalutationMr.Miss.Mrs.Mdm.Dr.Prof.Capt.Name\n                            \n                            \n                                                    \n                                                    First\n                                                \n                            \n                            \n                                                    \n                                                    Last\n                                                \n                            \n                        PhoneEmail\n                            \n                        CompanyAdditional Comments:CAPTCHA
URL:https://www.opuskinetic.com/training/practical-a-to-z-guide-to-laytime-and-demurrage-6/
LOCATION:Virtual Instructor Led Training (VILT)
CATEGORIES:Contracts,Marine and Offshore,Procurement
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