Example
In one voyage charterparty, the loading time in loading port is stipulated as “3 weather working days, Sundays and holidays excepted” and discharging time as “4 weather working days, Sundays and holidays excepted”;
If NOR is surrendered before 12:00 am, laytime will start from 1:00 pm; if NOR is surrendered between 12:01 am and 6:00 pm, laytime will start from 8:00 am next day;
Demurrage rate: USD 800/DAY;
Despatch rate: USD 400/DAY;
Both in loading and discharging ports, the time from 6:00 pm the day before Sundays or holidays to 8:00 am the day after Sundays or holidays will not be counted into laytime.
Laytime statement in loading port
Date
Period
Description
Beginning
Ending
5th, March
Tues.
16:00
-----
Vessel arrives
5th
Tues.
16:40
-----
Master delivers NOR
5th
Tues.
16:40
------
Charterer receives NOR
6th
Wed.
08:00
-----
Laytime begins
6th
Wed.
08:00
24:00
Loading begins
7th
Thurs.
00:00
04:00
Loading stops because of rain
7th
Thurs.
04:00
24:00
Loading
8th
Friday
00:00
18:00
Loading
8th
Friday
18:00
24:00
Loading stops because of Sunday
9th
Sat.
00:00
24:00
Loading stops because of Sundays
10th
Sun.
00:00
24:00
Loading stops because of Sundays
11th
Mon.
00:00
08:00
Loading stops because of Sundays
11th
Mon.
08:00
24:00
Loading
12th
Tues.
00:00
12:00
Loading completes
Laytime statement in discharging port
time is money
Date
Period
Description
Beginning
Ending
20th , March
Wed.
08:00
----
Vessel arrives
20th
Wed.
10:00
----
Master delivers NOR
20th
Wed.
10:00
----
Charterer receives NOR
20th
Wed.
13:00
24:00
Discharging
21th
Thurs.
00:00
06:00
Discharging
21th
Thurs.
06:00
08:00
Discharging stops because of mechanical breakdown
21th
Thurs.
08:00
24:00
Discharging
22th
Friday
00:00
11:00
Discharging completes
1. Please calculate the demurrage money and despatch money respectively. The rule for demurrage is once on demurrage, always on demurrage and for despatch is laytime saved.
2. If the loading and discharging time is counted totally and the laytime limit in charterparty is 7 weather working days, Sundays and holidays excepted, please calculate the demurrage or despatch money.
3. If the laytime in loading port and discharging port is reversible, please calculate demurrage money or despatch money.