EXCESS LAYTIME AND DEMURRAGE
This training course will assist oil and gas terminals, including coal Terminals operators in achieving a competitive advantage by having an effective and well manage operation. The course has been designed for mid and downstream supply chained and energy industry managers.
party agreements, contracts of sale, special provisions clauses, arbitration awards, and matters of law continue to change . As such , we strongly recommend that anyone involved in tanker/ship operations, logistics, and demurrage management be knowledgeable in this course material and continue to stay abreast of the latest developments in the industry to enhance their company’s bottom line.
TRAINING PURPOSE :
The objective of this course is to familiarize delegates with an overview of laytime calculations , demurrage analysis ; analysis of charter parties, and protective clauses ; ways to limit liability and maximize collection through improved terms ; understand frequently disputed issues and ways to eliminate the cause; others Tanker operations and matters of demurrage resolution are constantly evolving .charter concerning Terminal Facilities and ship performances; and discuss key arbitration awards and landmark rulings that are instrumental in successful demurrage resolution; also participants will learn key demurrage concepts.
Improve the ability to calculate laytime, prevent future losses, and pumping control, understand loading / discharge agreement, pumping from tankers to onshore storage tanks (or vice versa), supervisory when the ship docked at the pier accurately and safely. Understanding ship-shore communication in the English language related cargo transfer activities.
Learning Objectives :
- Understand ship’s specification , type of Cargoes, draft and ship operations in marine Terminals.
- Understand Terminal Port Constraint , as one of several reasons for getting laytime excess.
- Disclose Time Loss awareness and techniques to prevent time losses.
- Review of the various type of ship charters.
- Establish an understanding of ship owner versus Charterer obligations.
- Understand the responsibilities of each party, owner, charterers and marine terminals, particularly the burden borne by the marine terminal.
- Formulate laytime calculations and qualify exceptions to time counting.
- Learning to identify improved procedure for the handling , loading and discharging of oil and gas cargoes.
- Understand and understand the concepts used laytime and demurrage calculations, including an exception that can not be claimed as demurrage
- Understand how to Qualify a Notice of Readyness (NOR)
- How timebar relates to charter parties and commercial contracts
- Demurrage documentation requirements and time bar issues
- Examinations of various types of time logs ( incl. ship movements)
- Clarify pumps and pipelines system including loading and discharge operations.
- Laytime & demurrage calculations
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