The Shipping System Laytime Calculation Free

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*Laytime Calculation Software
*Vessel Laytime Calculation
*Laytime Vs Laycan
*Laytime Calculation Sheet
Dry cargo laytime is the amount of time which the owners and charterer agree it will take to load and discharge the cargo carried on board the vessel. When negotiating a charterparty, the owners will calculate how much freight they require to compensate them for performing the voyage. 3.24 Under the Worldscale system of freight calculation used in virtually all tanker charters, the freight payable depends on the actual load and discharge ports and, furthermore, clause 9 (b) goes on to provide a formula for compensating the shipowner for any time wasted by the change, so the clause is by no means as one-sided as it might at.
Worked with Sai Shipping Co. Pvt. Ltd. as a Chartering/Commercial Executive
from 13th Jan 2020 till 13th July 2020.
Job Responsibilities:
 Assisting chartering team in pre-fixture activity.
 Performing Voyage estimate mostly for Steel cargo trading via WCI to Inter PG
range.
 Responsible to appoint port agent to handle commercial activity & to appoint
surveyors for whenever necessary.
 Scrutinizing PDA/FDA & counter parties Laytime statement & to perform
Laytime calculation from our perspective as Owner/Charterer.
 Ensuring follow up for freight or balance freight receivable from charterers.
 Scrutinizing hire invoice received from Head Owners.
 Responsible to prepare Voyage account. Worked with Seafix Marine Pvt. Ltd. as an Jr. Demurrage Analyst from 15th July
2019 till 05th Jan 2020.
Job Responsibilities:
 Performing Laytime Calculation on behalf of Disponent Owner, Charterer &
Trader of Dry Bulk carrier vessels.
 Ensuring all the relevant documents are in receipt such as Charter Parties /
Contract of Affreightment, Traders contracts, Cargo Documents of port call of
the vessel.
 Analyzing terms from all the documents stated in above point and executing the
process of Laytime calculation.
 Co-ordinating closely with Operation team, Trade team, Port Agents, Vessel
Owners, Charterers, Brokers, sellers and buyers of the Cargo.
 Reviewing and Comparing the Laytime calculation received from Head Owner,
Charterer, Seller, Buyer & Terminal Operator and Countering with necessary
comments wherever required.
 If required, Negotiation/Countering is done with Head Owners / Charterers /
Brokers to close the Laytime file within Agreed time bar.
 Follow up on outstanding claims / Recovery of outstanding claim receivable
 Maintaining accurate database entries of all payable and receivable claims.
 Ensure accuracy and completeness of Demurrage / Despatch claims.
Laytime Calculation Software Worked with S5 Agency World (India) Pvt. Ltd. as an Operator in Global Hub
Operation Department from 12th September 2016 till 12th July 2019.
Job Responsibilities:
Vessel Laytime Calculation Co-ordinating for Husbandry and Commercial services for Vessel Owners globally
(Mostly handled Tanker Vessel’s for Commercial operations).
 Appointing S5 Local agent and Non S5 Agent (Principle Preferred Agent or
Charterer Nominated Agent) for Husbandry and Commercial services.
 Responsible to scrutinize PDA (Performa Disbursement Account) received from the
Non S5 Agent.
 Ensuring all line items (Charges) quoted in a PDA is as per tariff.
Laytime Vs Laycan Maintaining records for each and every Port call in the system with help of Daily
update statement and Cargo Documents (NOR, SOF, LOP, etc.).
 In contact with Local port agents and with Owners via Telephone and E-mails to
resolve queries.
 Preparing reports to ensure whether all port calls are up to date.
Worked with MOL Information Processing Services (India) Pvt. Ltd. as a Jr.
Executive in US-Canada Export Documentation from 17th November 2014 till
12th September 2016.
Job Responsibilities:
 Responsible for manifestation of Bill of Lading with the help of Shipping
Instruction received from Customers (Shippers) of USA & Canada Origin
Origin.
 Processing amendments and release request from customer.
 Helping US Operation Department for Doc. Lock.
 Sending draft copy to customers for approval to release the FINAL Bill of
Lading & Participating frequently with MOL-USA Front Office and
Customer via E-mails.
 Assuring on-time and error free delivery.
 Training fresher thoroughly making them familiar with the process.
 Ensuring 100% quality level is maintained.
 Helping Team Leader in allocation of bills to all team members.DRY CARGO Laytime, what is it?
Dry cargo laytime is the amount of time which the owners and charterer agree it will take to load and discharge the cargo carried on board the vessel.Laytime Calculation Sheet
When negotiating a charterparty, the owners will calculate how much freight they require to compensate them for performing the voyage. A key factor is how long the voyage will take to perform, that is, the approach voyage, loading, the carrying voyage and discharging. An owner usually has no control over the loading and discharging, and therefore the charterer will accept an obligation to load and discharge the cargo within a fixed time called laytime.
The commercial purpose of laytime is, therefore, to compensate the owner for the time spent by the charterer loading and discharging the cargo over which the owner has no control.
For example if the owner had calculated his freight on the basis that time spent loading and discharging would take three days, but the charterer in fact spent ten days, the owner would have made no profit (and would have probably made a loss) from the employment of the vessel for that voyage.
If the cargo operations are finished by the charterer before the laytime expires, then the voyage will be more profitable for the owner, as it will be completed more quickly. In these circumstances, it is common for the owner to offer both a incentive and an reward for quick cargo operations. The sum the owner agrees to pay to the charterer is called despatch. This, too, is usually agreed as a term of the charterparty at half the demurrage rate.Demurrage
If cargo operations are not finished before the laytime expires, the charterer is in breach and must pay damages – liquidated damages known as demurrage. The agreed rate of demurrage is normally based on the ship’s operating costs plus the owner’s profit. The demurrage rate will be pre-agreed as a term of the charterparty and is usually a fixed amount per day (or pro rata for part of a day).Separate laytime allowances in dry cargo charterparties
In dry cargo charterparties it is usual to agree a separate period to cover loading and discharging based on rates of loading and discharging, where, dependent on the methods used, one operation will usually be quicker than the other.
Even if the agreed rate is the same, a separate laytime calculation must be produced for loading and discharging. If the charter provides for despatch as well as demurrage, then, dependent on the time used, despatch or demurrage will be payable at the end of loading and the same on completion of discharge.
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