24-26 Jun 2024
|9:00am-12:00pm (New York) / 14:00-17:00 (London)
|Zoom: Americas to Europe
|USD 2,030 (TDLD2-VILTNA24-06)
24 May 2024
*Prices do not include VAT, GST, or any other local taxes. All applicable taxes will be added to the invoice.
**Please register by the deadline to help us ensure sufficient attendance and avoid postponing the course.
Reduced training budgets need not imply reduced continuous development and training of staff. In fact, in these challenging times, upskilling of the workforce is critical. Laytime and Demurrage are perhaps the two most litigious aspects of shipping contracts and have been the subject of numerous disputes over the years. This training programme is uniquely designed to focus on understanding the advanced principles and concepts of Laytime and Demurrage (both Wet & Dry sectors), providing knowledge and practical guidance to effectively navigate these complex contractual issues. Delegates will have the opportunity to gain precious insight and first-hand knowledge from our leading industry experts.
This highly interactive training program will emphasize on sound commercial practice drawing on the extensive knowledge and experience of the course presenters and cover important aspects including advanced principles, key concepts, charter party clauses and dispute resolution mechanisms. The course includes case studies and practical workshops with real life examples that will provide hands-on learning experience, demonstrate and encourage the practice of actual methods and allow participants to put their skills into practice.
What Will You Learn?
The supply, trading and risk management departments in oil, gas and petrochemical companies, the commercial and operations departments in the shipping affiliates or divisions of oil companies, the commercial and operations departments of ship owning companies, the planning and financial departments of shipping companies and oil company transportation divisions, banks and financial institutions involved in oil tanker, gas and chemical carrier finance, accountants and legal firms dealing with energy transportation issues, oil trading and distribution companies and management new to the transportation sector.
General Principles & Concepts of Laytime – Refresher Session
Arrival and Commencement of Laytime
Arrival and Commencement of Laytime Continued…..
Interruptions and Exceptions
Completion of Laytime and Demurrage
Legal Issues – Laytime and Demurrage
Practical Session - Laytime & Demurrage workshop Tanker and Dry Bulk Exercises
Practical Session - Laytime & Demurrage workshop Tanker and Dry Bulk Exercises Continued…..
Practical Surgery – Open Q & A Session with Expert Panel