Voyage Charter Laytime & Demurrage Tool Statement of Facts, Laytime, Despatch & Demurrage
Voyage Charter • NOR • Statement of Facts • Reversible / Averaged / Separate Laytime • SHEX / SHINC by Event • Demurrage • Despatch
Voyage Charter Laytime & Demurrage Tool Statement of Facts, Laytime, Despatch & Demurrage
Turn a voyage-charter timeline into a transparent laytime account. Simple mode gives a fast commercial settlement from commencement, completion and exclusions. Advanced builds loading and discharge stages, derives laytime from fixed hours or cargo rates, handles NOR plus turn time, applies reversible, averaged or separate treatment, and uses a Statement of Facts event register with independent laytime and post-expiry demurrage percentages.
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Have a real Statement of Facts or separate load/discharge allowances? Click Advanced above.Simple assumes one laytime period and one total excluded-time figure. Use Advanced when exceptions occur before and after laytime expiry or when loading/discharge must be treated separately.CommercialDemurrage or despatch
ClockElapsed vs counted time
SettlementLive money result
Laytime & Settlement
hours.
hours occurring before laytime expiry.
currency per day.
currency per day.
hours added only for “all time saved.”
Commercial Basis
BIMCO definition: laytime exceptions normally do not apply to demurrage unless specifically stated.
Loading stage
Discharge stage
Statement of Facts Laytime Event Register
Enter exception or special-counting periods only. Any gap between events follows the global “unlisted time” treatment. Events must not overlap within the same stage. Laytime % controls time before expiry; Demurrage % controls the same event if it continues after expiry.
| Use | Stage | Event | Start | End | Laytime % | Demurrage % |
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Laytime Account Checks
Contract / legal limitation: laytime is contractual. This tool does not decide whether an NOR is legally valid, whether a vessel is an arrived ship, whether a particular event is excepted, or whether waiver/estoppel/detention principles apply. Enter the commencement and event percentages required by the actual charter party, recap, riders, governing law and agreed Statement of Facts. BIMCO Laytime Definitions 2013 apply only when incorporated or otherwise relevant to the parties’ wording.