Voyage Charter Laytime & Demurrage Tool Statement of Facts, Laytime, Despatch & Demurrage

↑

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

Laytime commenced

Cargo operations completed

Allowed laytimehours.

Excluded / non-counting timehours occurring before laytime expiry.

Demurrage ratecurrency per day.

Despatch ratecurrency per day.

Currency

Despatch basis

Post-completion excepted timehours added only for “all time saved.”

Commercial Basis

Laytime arrangement

Demurrage rate

Despatch rate

Currency

Despatch basis

Unlisted time during laytime

Unlisted time after expiryBIMCO definition: laytime exceptions normally do not apply to demurrage unless specifically stated.

Loading stage Include loading

NOR tendered

Laytime commencement basis

Turn time after NOR

Direct laytime commencement

Loading completed

Allowance basis

Fixed loading allowance

Loading cargo quantity

Contract loading rate

Post-completion excepted time

Discharge stage Include discharge

NOR tendered

Laytime commencement basis

Turn time after NOR

Direct laytime commencement

Discharge completed

Allowance basis

Fixed discharge allowance

Discharge cargo quantity

Contract discharge rate

Post-completion excepted time

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 %

Laytime Account Checks

Applicable charter party / recap checkedThe agreed wording, riders and amendments control. NOR validity reviewedArrival, readiness, recipient, method and tender time checked. Laytime commencement verifiedTurn time and special commencement wording resolved. Statement of Facts reconciledEvent times agree with logs and terminal records. SHEX / weather / strike treatment verifiedEach event uses the charter-required percentage. Post-expiry demurrage exceptions checkedNo laytime exception is assumed to survive without wording. Despatch wording verifiedWorking/laytime saved versus all time saved selected correctly. Claim time bar / documentation checkedCalculation is supported by required documents and timing.

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.