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Laytime and Demurrage Masterclass

By: Talent Expertise International

United Kingdom

06 - 10 Jun, 2022  5 days

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USD 5,750

Venue: London UK

Participants will understand Lay-time and demurrage provisions are intended to allocate the risk of delay by agreement between the ship-owners and voyage charterers, and, if needs be, between the sellers and buyers under an underlying cargo sale contract. However, unlike many other aspects of shipping, lay-time and demurrage is not subject to any compulsory international regulation and is not the subject of insurance. Therefore, disputes relate to the ship-owners’, charterers or traders’ “own dollar in their own pocket” and success often depends on the successful or unsuccessful negotiation of contractual terms. Consequently, shipping and trading companies tend to employ lay-time and demurrage specialists who, if successful, can contribute substantially to that organization’s profitability.

Participants will also be able to explain the importance of different types of Ports in international trade. Discuss the main aspects of Port Planning. Analyze the importance of different Port equipments.

London UK Jun 06 - 10 Jun, 2022
USD 5,750.00
(Convert Currency)

Ashley Bob 9715651792284

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