Learn key knowledge on diffusing disputes and maximising charter profits.

• Module 1 - Laytime and Demurrage Introduction and Context
• Module 2 - Defining Laytime
• Module 3 - Calculating Laytime
• Module 4 - Demurrage, Detention and Despatch
• Module 5 - Calculating Demurrage
• Module 6 - Laytime, Demurrage and Despatch in Practice

• Different types of chartering: time,voyage and bareboat
• The complications that may occur in the commencement of laytime
• How to recognize fundamental differences between dry cargo and tanker laytime
• The fundamentals of contract law related to demurrage, damages of detention, despatch and deadfreight
• The difference between theory and its application to practices at all stages of a shipping adventure (from negotiation stage to the follow up/performing of a voyage)
• Analysing charter party clauses and documents required for calculations

Every course is broken down into manageable modules, designed to accelerate your learning process through diverse learning activities:

• Work through your instructional material online
• Interact with your peers and learning facilitators through the online forum to discuss subject related issues and to network with your fellow learners
• Investigate relevant, real-world case studies
• Apply what you learn each week to ongoing project submissions

You can now have a digital version of your Lloyd’s Maritime Academy Certification!

Powered by Credly, your Lloyd’s Maritime Academy Digital Badge is an online version of your credentials that contains a description of your Award, Demonstrated Skills and what it took to obtain your Certificate qualification.

Also, your Digital Badge allows you to get labor market insights data including job openings, salary ranges and selected top employers, and you can display the badge in your email signature, electronic copies of your resume and on social media sites like LinkedIn, Facebook and Twitter!