Laytime, Demurrage & Despatch
Stage B, Chartering and contract execution. Level 4 of 10.
Counting laytime from statements of fact and calculating, presenting and resisting demurrage and despatch claims.
124 chapters · 12 modules · every chapter one 8 to 10 minute explainer · builds on: Course 05, Course 06
One chapter is one idea taken to the point of use
Each chapter covers one idea to the point where you can use it, and comes two ways: a narrated explainer, and a deep dive audio discussion of around thirty minutes that works the same material at depth.
Self-paced throughout, and the same chapters can be taught as a cohort. Chapters run in order: each one assumes only what the chapters before it taught, and capability belonging to a later course is named and deferred rather than half-covered.
12 modules · 124 chapters
Open any module for its full chapter list, in teaching order.
M0 The Second Revenue Line Ch 1-10
- Why the Clock Outlives the Fixture
- Laytime as the Shipowner Sees It
- Who Bought the Time and Who Borrows It
- The Asymmetry Between Demurrage and Despatch
- Who Counts, Who Checks and Who Pays
- Where the Claim Sits in the Voyage Result
- The Record Is Not the Day
- Three Fixtures, Three Different Clocks
- What a Claims Desk Does All Week
- What the Fixture Already Settled
M1 Arrival, Readiness and the Valid Tender Ch 11-22
- Getting the Ship Into the Right Place
- Port Charter Against Berth Charter
- Serving Notice From a Freight Desk
- Whether in Berth or Not, and What It Buys
- Reaching the Usual Waiting Place
- Free Pratique and Customs as Preconditions
- Readiness in Fact: Holds, Hatches and Gear
- Tender Hours and the Lost Half Day
- When the Notice Fails and Must Be Repeated
- Accepting a Notice You Doubt
- Time Lost Waiting for Berth
- A Tender Fought Over at a Congested Terminal
M2 The Statement of Facts and the Port Record Ch 23-32
- The Document the Whole Claim Rests On
- The Port Agent and Whose Interest He Serves
- Reading a Statement of Facts Against the Clause
- Deck Logs, Hatch Records and Terminal Tallies
- Signing, Countersigning and Signing Under Protest
- Letters of Protest That Actually Protect You
- When the Owner's Record and the Charterer's Disagree
- Rebuilding a Timeline From Fragments
- Gaps, Overlaps and Impossible Entries
- Collecting the Record While the Ship Is Still There
M3 Counting the Allowed Time Ch 33-44
- Allowed Time From a Rate and a Quantity
- Fixed Hours, Fixed Days and Customary Despatch
- The Working Day and Its Definitions
- Weather That Stops the Clock
- Sundays, Holidays and Local Calendars
- Excepted Periods and Who Bears Them
- Turn Time and the Free Hours After Notice
- Shifting, Waiting and Idle Time Between Operations
- Reversible Laytime Across Load and Discharge
- Averaging Two Ports Into One Account
- Once the Clock Will Not Stop Again
- Allowed Time Recalculated on Final Quantity
M4 Building the Laytime Statement Ch 45-54
- What a Laytime Statement Has to Show
- A Statement Built Line by Line, Part One: Arrival to Berth
- A Statement Built Line by Line, Part Two: Operations
- A Statement Built Line by Line, Part Three: The Balance
- Deductions and the Order You Apply Them
- Rounding, Fractions and the Minute That Matters
- Two Statements of the Same Call
- Checking Your Own Statement Before You Send It
- The Statement as a Negotiating Document
- Automating the Count Without Losing the Argument
M5 Demurrage and the Money It Moves Ch 55-65
- Demurrage as an Agreed Daily Price for Delay
- Applying the Rate to Part of a Day
- Half Demurrage and Reduced Rates
- Detention Beyond the Demurrage Bargain
- Demurrage Exceptions Written Into the Clause
- Turning Hours Into an Invoice
- What the Overrun Does to the Voyage Result
- Delay Exposure in the Decision to Fix
- Carrying the Claim in the Freight Book
- When the Overrun Is Worth More Than the Freight
- Interest, Currency and the Settled Sum
M6 Despatch and the Fast Port Ch 66-74
- Despatch as the Charterer's Share of Speed
- All Time Saved Against Working Time Saved
- Calculating Despatch From the Same Statement
- Who Actually Earns the Despatch
- Fixtures With No Despatch at All
- How the Payment Changes Behaviour Ashore
- Dividing a Saving Nobody Agreed to Share
- Despatch in the Owner's Voyage Economics
- A Fast Discharge That Paid the Charterer
M7 Presenting a Claim That Survives Ch 75-85
- The Claim File and What Goes In It
- Documents as a Condition of Being Paid
- The Deadline That Kills a Good Claim
- Counting the Bar From the Right Event
- Serving the Claim on the Right Party
- Writing the Covering Claim Letter
- Submitting Through a Charterer's Portal
- The First Rejection and What It Really Says
- Resubmitting Inside the Window
- Chasing Without Losing the Relationship
- A Claim From Sailing to Payment
M8 Resisting a Claim Against You Ch 86-96
- Receiving a Claim You Did Not Expect
- The Order to Check Things In
- Attacking the Validity of the Notice
- Challenging the Count Line by Line
- Exception Clauses as a Defence
- Owner Fault and Vessel Delay
- Counterclaims You Can Set Against It
- Making a Without Prejudice Offer
- Where Claims Actually Settle
- Paying Early and Paying Late
- When to Stop Arguing
M9 Chains, Sub-Charters and Pass-Through Ch 97-105
- The Same Delay Claimed Twice
- Back-to-Back Laytime Terms
- The Gap Between Charter and Sale Terms
- Passing a Claim Up a Sub-Charter Chain
- The Time Bar Cascade Down a Chain
- Reletting and the Laytime You Inherit
- Where the Operator Absorbs the Difference
- Broker, Agent and Claims Handler Roles
- A Chain Claim That Stopped in the Middle
M10 Wet, Dry and Awkward Calls Ch 106-115
- How Tanker Clocks Differ From Dry Bulk Clocks
- The Six Hour Turn Time and What Survives It
- Pumping Warranties and the Time Allowed
- Berth Terms, Free In and Free Out
- Part Cargoes and Shared Laytime
- Multi Port Rotations and Sequencing
- Ship to Ship Operations and the Clock
- Congestion, Queues and the Waiting Season
- Strikes, Closures and Clause Cover
- Counting Under a Multi Shipment Commitment
M11 A Worked Case, the Economics and the Limits Ch 116-124
- One Voyage, Two Ports, Part One: The Record
- One Voyage, Two Ports, Part Two: The Count
- One Voyage, Two Ports, Part Three: The Settlement
- The Same Voyage With Three Documents Missing
- Reading a Claims Book for What It Says About the Desk
- Pricing Delay Risk Into the Next Fixture
- What a Correct Count Cannot Win
- What the Record Will Never Show
- What You Carry Forward From the Clock
The brochure gives each of these 124 chapters a paragraph on what it covers and what you can do once you have worked through it.
This is course 7 of twenty
It stands alone, and it is also the entry point to the Freight and Shipping Desk Academy pathway.