BIMCO Training
Laytime and demurrage

Laytime & Demurrage Masterclass Online

Online, 12:00 UTC
10 Jun 2024 5 days

Available seats 4
Payment:

Course price

BIMCO member	EUR 1320
Non-member	EUR 1750

Discounts

10% group discount is available for registering 3 or more participants from the same company at the same time.

Overview

Laytime and Demurrage Masterclass Online is a series of 10 online sessions delivered over 5 days. Each day will run for 120 minutes with a short break in between. The masterclass will cover essential laytime and demurrage issues.

What will you learn?

This masterclass covers principles on laytime and demurrage for both dry and wet trades. The course examines, in a practical way, the application of laytime and demurrage in the daily operations. It covers the key legal concepts and a step-by-step approach to effectively use the knowledge to work strategically with laytime calculations to boost profitability.

Dates and topics of Laytime & Demurrage Masterclass Online

Day	Session	Topic	Speaker
Monday 10 June	1	Introduction to laytime and demurrage	Baris Soyer
Monday 10 June	2	Types of laytime	Baris Soyer
Tuesday 11 June	3	Commencement of laytime	Jean-Paul Dezutter
Tuesday 11 June	4	Stoppage and termination of laytime	Baris Soyer
Wednesday 12 June	5	Demurrage and despatch	Jean-Paul Dezutter
Wednesday 12 June	6	Stoppage and termination of demurrage	Baris Soyer
Thursday 13 June	7	Damages for detention	Jean-Paul Dezutter
Thursday 13 June	8	Case study – Worked example	Baris Soyer
Friday 14 June	9	Practical aspects of laytime and demurrage calculations	Jean-Paul Dezutter
Friday 14 June	10	Time bar clauses and the commercial usage of laytime and demurrage in non-traditional ways	Jean-Paul Dezutter

Starting hours (for all sessions)

12;00 UTC

See the time in your local time zone.

What do participants say about the course?

“The course provides a very systematic way to introduce concepts of laytime and demurrage and the relevant legal issues.” (Laytime & Demurrage Masterclass Online participant, August 2020)

Course certification

Participants will be given an option of taking a final assessment (one-hour open-book test) at the end of the course, and Certificate of Achievement will be issued with a grade (distinction, merit or pass). Those not taking the assessment will receive a Certificate of Attendance.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided once the registration is completed.

You will also receive access to BIMCO's eLearning modules on "Dry Cargo Laytime and Demurrage" and "Tanker Laytime and Demurrage".