Session 3: Laytime, Notice of Readiness and Calculation
Tuesday 15 October 13:00 - 14:30 George R. Brown Convention Center (GRB)
Add to calendar
10/15/2024 13:00
10/15/2024 14:30
Session 3: Laytime, Notice of Readiness and Calculation
Share
Laytime
-
Definition and types (weather, strike, etc.).
-
Calculating laytime exceptions and exceptions clauses.
Notice of Readiness (NOR)
-
Legal requirements and practical considerations.
-
Case studies on NOR disputes and resolutions.
Laytime Calculation
-
Methods for laytime calculation (Laytime Definitions).
-
Practical exercises on calculating laytime and demurrage.
