$4,195 – $4,395

Laytime and Demurrage – Fundamental and Advanced Concepts

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Sheraton Towers Singapore

39 Scotts Road

Singapore, 228230

Singapore

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Organized by M.I.C.E Global Pte Ltd

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COURSE OVERVIEW

Reduced training budgets need not imply reduced organizational training. In fact, in challenging times like these, skilling and re-skilling of the workforce is critical. Laytime and Demurrage are perhaps the two most litigious aspects of chartering vessels and have been the subject of numerous disputes over the years. This training programme is uniquely designed to focus on the complexities of Laytime and Demurrage (both Wet & Dry sectors), gaining practical expertise and knowledge to understand and analyse contractual issues and post-fixture strategies. Delegates will have the opportunity to gain precious insight and first hand knowledge from our panel of leading industry experts.

This highly interactive training program will cover the topics of Laytime & Demurrage starting from refreshing the basics to advanced level including commencement and calculation of Laytime, exceptions and interruptions, calculation of Demurrage and issues with any claims. The emphasis is on sound commercial practice and practical decision making, drawing on the working knowledge and experience of the course presenters. The course includes case studies and workshops which are designed to ensure participants maximum use of the knowledge gained.

KEY BENEFITS OF ATTENDING

  • Gain an in-depth understanding of fundamental practices and concepts of laytime and demurrage
  • Expand your knowledge and gain invaluable insight into contractual issues in both wet and dry sectors
  • Secure understanding of laytime clauses in a Charter Party including Commencement, End & Exceptions to Laytime
  • Become skilled at laytime and demurrage calculations in a workshop setting
  • Analyse recent case studies to understand practical application of theoretical knowledge in this area
  • Gain practical expertise in post-fixture strategies from our panel of expert speakers
  • Examine dispute resolution mechanisms - Conciliation, Mediation, Litigation and Arbitration

WHO SHOULD ATTEND

  • Charterers
  • Demurrage Claims Handlers and Analysts
  • P & I Club Executives
  • Maritime Lawyers and Arbitrators
  • Supply, Trading and Risk Management Departments of Ship Owners and Managers
  • Commercial and Operations Departments of Major Oil & Bulk Operators
  • Ports & Terminal Operating Companies
  • Banks and Financial institutions involved in Shipping Finance, Commodity Traders and Ship Management Personnel

WORKSHOP FEE

SGD 4,395 per delegate

SGD 4,195 per delegate if 2 or more delegates sign up

* MCF Training Grant is available for eligible participants. Please refer to www.mpa.gov.sg/mcf for information.

Limited seat available.

For more information, please email to serene.l@miceglobal.com.sg and quote EB299.

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Location

Sheraton Towers Singapore

39 Scotts Road

Singapore, 228230

Singapore

View Map

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