Course description
Certificate in Laytime and Demurrage
Learn key knowledge on diffusing disputes and maximising charter profits.
Understand the difference between profit or loss; conciliation or litigation; success or failure in trade deals and chartering enterprises.
Upcoming start dates
Training content
- Module 1 - Laytime and Demurrage Introduction and Context
- Module 2 - Defining Laytime
- Module 3 - Calculating Laytime
- Module 4 - Demurrage, Detention and Despatch
- Module 5 - Calculating Demurrage
- Module 6 - Laytime, Demurrage and Despatch in Practice
Course delivery details
How you'll learn
Every course is broken down into manageable modules, designed to accelerate your learning process through diverse learning activities:
- Work through your instructional material online
- Interact with your peers and learning facilitators through the online forum to discuss subject related issues and to network with your fellow learners
- Investigate relevant, real-world case studies
- Apply what you learn each week to ongoing project
Costs
- UK Individuals and UK Companies (VAT): £1799 + VAT @ 20%
- EU Individuals and EU Companies (No VAT to pay): £1799 | $2429
- Individual or Company outside the EU (No VAT to pay): £1799 | $2429
Certification / Credits
Your Digital Badge!
You can now have a digital version of your Lloyd’s Maritime Academy Certification!
Powered by Credly, your Lloyd’s Maritime Academy Digital Badge is an online version of your credentials that contains a description of your Award, Demonstrated Skills and what it took to obtain your Certificate qualification.
What you'll learn
- Different types of chartering: time,voyage and bareboat
- The complications that may occur in the commencement of laytime
- How to recognize fundamental differences between dry cargo and tanker laytime
- The fundamentals of contract law related to demurrage, damages of detention, despatch and deadfreight
- The difference between theory and its application to practices at all stages of a shipping adventure (from negotiation stage to the follow up/performing of a voyage)
- Analysing charter party clauses and documents required for calculations
Contact this provider
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