Thursday 10 December 2009

Reversible laytime calculation

How is reversible laytime calculation different from non-reversible? Reversible laytime can be agreed between loading and/or discharging ports, and it helps the Charterers to save the time at a second port in lieu of the time lost at a first port.

Upon tendering the notice of readiness (N.O.R.) at the first port, the laytime is commenced after the agreed turn time at the first port only, same way as if the laytime was non-reversible. However, sometimes, it is mistakenly considered that the turn time is true for the second port and etc. In fact, not. At the second port, the laytime starts to count immediately upon the vessel reaches e.g. port anchorage (for port charter parties). It is considered that the Charterers should be prepared in all respect to berth the vessel immediately upon arrival and no turn is allowable. Of course, the passage from the anchorage to the berth is considered as the part of the sea voyage and should be excluded from laytime calculations.

As we have previously mentioned, you can always request for our assistance for clarifications with laytime calculations and the final despatch -demurrage settlement, in case you feel you got stuck or just overwhelmed with some other work to do, we can also do the calculus for you.  It would be just wonderful if you could also remit a small-scale remuneration to our PayPal account. Just in case, please contact me at : maritimedomain@yahoo.com, thanks beforehand and best regards, maris