Laytime calculation is one of the most laborious, objectionable and time-consuming tasks in the shipping business; however, if done accurately, it can save a lot of money. With this powerful but user-friendly Laytime and Demurrage Calculation software, you need only minutes instead of hours for error-free calculation. The Shipping System: Laytime Calculation is developed by Burmester & Vogel. The most popular versions of this product among our users are: 7.0 and 8.1. The names of program executable files are BVLay.exe, BVLicUpd.exe. The product will soon be reviewed by our informers. Laytime calculator software. Free Laytime Calculator. Here is the video tutorial how to use our software. FREE online Laytime Calculator from SDSD. Our free to use website will provide you with accurate calculations for laytime and demurrage/despatch in. Laytime Master sample Laytime Calculation. New users will be granted a free trial for 7 days. Introduction and Objectives The objective of the Laytime program is to provide owners, charterers and operators with the means to prepare laytime statements rapidly and accurately. The first version of Laytime was released early in 1989 and it is now widely used in many countries for both the dry cargo and tanker trades. The Shipping System Laytime Calculation Free Laytime Calculation Format The term ' demurrage ' / d ɪ ˈ m ɜːr ɪ dʒ / from Old French demeurage, from demeurer - to linger, tarry - originated in vessel chartering and referred to the period when the charterer remained in possession of the vessel after the period normally allowed to load.

Laytime Calculation Sheet

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.

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. Zombie frontier 2 unlimited money apk free download.

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).

Laytime Calculation Software

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.

How To Calculate Laytime

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.