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Dry Cargo Laytime and Demurrage

Unlocking Profitability: Navigating Dry Cargo Laytime and Demurrage – A Comprehensive Course on Mitigating Disputes and Maximizing Profits in Shipping Contracts

Dry Cargo Laytime and Demurrage Essentials Training

About the Course

Laytime and demurrage disputes, if not managed effectively, can lead to significant losses by shipowners, charterers or traders, who could, conversely, create significant profit with better handling of relevant contract clauses. Moreover, laytime and demurrage disputes constitute a substantial proportion of shipping-related cases that are tried by arbitrators and courts in many countries. Therefore, a thorough understanding of it is essential for those employed by law firms, P&I clubs and recovery agents.

This laytime and demurrage dry cargo course introduces participants to the fundamentals of dry cargo laytime and demurrage by investigating every aspect of this enormous topic.

Who Will Benefit

Participants will be expected to have little or no prior knowledge of laytime. This guide to laytime and demurrage will help:

  • Ship owners and managers
  • Charterers including Importers, Exporters and Traders
  • Shipbrokers
  • Port and ship agents
  • P&I personnel
  • Logistics and shipping professionals
  • Legal advisers, solicitors and barristers
  • Government bodies and representatives

Key Learning Objectives

  • Introduction to Laytime
  • Introduction to demurrage and despatch
  • Calculation of laytime for dry cargoes
  • Shipowners’ and charterers’ duties
  • Clauses for dry cargo laytime & demurrage
  • When does the clock start to tick?
  • Safe ports and berths and anchorages
  • Arrived ship, Notices of Readiness
  • Profitable use of dry cargo laytime and demurrage in non-traditional ways
  • Demurrage claims management
  • Statements of Facts
  • Notes of Protest
  • Handling of claims and disputes
  • Time bars

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

Bespoke training designed for your organisation only, combining traditional classroom setting, blended and online learning models

Next Courses

schedule

Date

maps_home_work

Delivery Type

person

Trainer

language

Language

16 Apr 2024

4 days

14:00 18:00 Australia/Sydney

location_on

Live Digital

Australia

Jeffrey Blum

English

AUD$2,995.00

16 Apr 2024

4 days

12:00 16:00 Singapore

location_on

Live Digital

Singapore

Jeffrey Blum

English

SGD$2,995.00

06 May 2024

5 days

14:00 18:00 Europe/London

location_on

Live Digital

Australia

Jeffrey Blum

English

AUD$2,995.00

06 May 2024

5 days

14:00 18:00 Europe/London

location_on

Live Digital

Singapore

Jeffrey Blum

English

SGD$2,995.00

15 Oct 2024

4 days

14:00 18:00 Australia/Sydney

location_on

Live Digital

Australia

Jeffrey Blum

English

AUD$2,995.00

15 Oct 2024

4 days

11:00 15:00 Singapore

location_on

Live Digital

Singapore

Jeffrey Blum

English

SGD$2,995.00

  • 16 Apr 2024

    4 days, 14:00 18:00 Australia/Sydney

    location_on

    Live Digital

    Australia

    Language: English

    Trainer: Jeffrey Blum

    AUD$2,995.00

  • 16 Apr 2024

    4 days, 12:00 16:00 Singapore

    location_on

    Live Digital

    Singapore

    Language: English

    Trainer: Jeffrey Blum

    SGD$2,995.00

  • 06 May 2024

    5 days, 14:00 18:00 Europe/London

    location_on

    Live Digital

    Australia

    Language: English

    Trainer: Jeffrey Blum

    AUD$2,995.00

  • 06 May 2024

    5 days, 14:00 18:00 Europe/London

    location_on

    Live Digital

    Singapore

    Language: English

    Trainer: Jeffrey Blum

    SGD$2,995.00

  • 15 Oct 2024

    4 days, 14:00 18:00 Australia/Sydney

    location_on

    Live Digital

    Australia

    Language: English

    Trainer: Jeffrey Blum

    AUD$2,995.00

  • 15 Oct 2024

    4 days, 11:00 15:00 Singapore

    location_on

    Live Digital

    Singapore

    Language: English

    Trainer: Jeffrey Blum

    SGD$2,995.00

Is this course for you?

Course Information

Instructional Delivery Method: Live Digital
Prerequisite & Advanced Preparation: Reading material will be sent prior to the course 

LEARN MORE ABOUT THIS TRAINING COURSE

Delivered by Jeffrey Blum

Jeffrey Blum’s involvement in shipping and trading spans over 50 years. He is the fourth generation of a shipping family, has been an active member of the Baltic Exchange since 1976 and has worked with a Lloyd’s underwriter and as a shipbroker, ship owner and operator, gasoil futures broker, charterer and commodities trader in London and abroad.

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.

GM

IMC Shipping Co Pte Ltd

“The trainer has great shipping & commercial background, the topic is highly relevant to my daily work.”