WebLaycan (also L/C) - laydays and cancelling dates Laytime - the period of time agreed between the parties during which the owner will make and keep the vessel available for loading or discharging without payment additional to the freight. LBP - length between perpendiculars (of a ship) LIFO - liner in free out WebDefinition. The Notice of Readiness (NOR) is the document used by the Ship Master, to notify his ship readiness, in every respect, to load and/or unload the goods during the period of his charter. NOR is an extremely important document as it triggers the commencement of laytime. “Laytime” is the term used to refer to the time allowed to the charterers to …
Unraveling LAYCAN: Understanding Lay And Cancellation Days
Web2 jun. 2024 · Laytime là khoảng thời gian phải được quy định chi tiết, rõ ràng trong hợp đồng thuê tàu. Theo đó, hai bên cần thỏa thuận chính xác số ngày, số giờ dành cho việc xếp dỡ. Đồng thời phải quy định mốc thời gian nào tính và không tính vào thời gian làm hàng. Cụ thể, có 3 ... WebIn commercial shipping, laytime is the amount of time allowed in a voyage charter for the loading and unloading of cargo. Under a voyage charter or time charter, the shipowner is … nw direct
Laytime Definitions for Charter Parties 2013 - BIMCO
WebLaytime – Notice of readiness. Laytime is often an issue which seems to be reason for disputes between Charterers and Owners. And more specific: when does laytime … WebIn the second briefing in our series, we look at three issues in relation to time for delivery and laycan, provide some case examples and give three key takeaways. Issue 1: Using “Laycan” in sale contracts. The term “laycan” is frequently used in sale contracts to refer to the delivery period of the cargo. WebSimply put, under a voyage charter Laytime is the agreed time for the charterer to carry out the cargo and associated operations (e.g. loading, discharging and waiting) in the ports of loading and discharging. If the Laytime is exceeded the charterer pays the owner liquidated damages, known as Demurrage. In the dry cargo trades if the vessel ... nwd in autocad importieren