An in-depth analysis of laytime concept and calculations with a practical approach in daily chartering and operational issues. Ideal for those interested to gain an advanced level knowledge of the applications of laytime and demurrage. TOPICS COVERED Introduction to Laytime& Demurrage ConceptTypes of Laytime Charterparties and clauses Commencement of Laytime Statement of Facts Interruptions / Exceptions Demurrage & Despatch Calculating Laytime: Practical Examples of Laytime Calculations English vs U.S. Law Differences

The Seminar unravels the complexities of the Port Agency sector, giving participants a window into this important shipping division. With lessons on operations, working documentation and handling accounts, the Port Agency seminar explains the fundamentals of the agency sector in relation to ports and terminals. SPECIFIC AREAS COVERED Ship Types Cargoes and Trade Routes Registration, Classification & Surveys Port Agency Operations Ship Documentation Accounts Charter Parties Port Working Documentation Cargo Documentation Legal Aspects for Port Agency

The seminar analyzes the salvage and general average principles and explains the LLoyd’s Open Form (LOF) and the Special Compensation P&I Clause (SCOPIC). Through the seminar, participants will also get a profound understanding of the importance of wreck removal operations, contracts involved, marine insurance practices and recent updates. In addition, participants will get insight of the conventions and guidelines which are of paramount importance to everyone involved in marine salvage and wreck removal. SPECIFIC AREAS COVERED LOF and SCOPIC Principles…