Advanced

ALTUS Laytime & Demurrage

WADE MARITIME MARITIME ACADEMY

Master Class on law and best practice

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Turn your employees training into SAVINGS under AV
IN G
S!
S

Productivity and Innovation Credit (PIC)

 Advanced
ALTUS Laytime & Demurrage
WADE MARITIME MARITIME ACADEMY

Master Class on law and best practice

th

Course Summary Also Avail 400% Tax Deduction under

Reduced training budgets need not imply reduced Productivity and
organizational training. In fact, in challenging times like
these,skilling and re-skilling of the workforce is critical. Innovation Credit(PIC)
Laytime and Demurrage are perhaps the two most EXAMPLE:
litigious aspects of chartering vessels and have been the
Laytime & Demurrage Course Fee = SGD 2750
subject of numerous disputes over the years. This training
programme is uniquely designed to focus on the
Total Tax Deduction = 400% X $2750 = $11000
complexities of Laytime and Demurrage(both Wet & Dry
(After PIC Scheme)
sectors), gaining practical expertise and knowledge to
understand and analyze contractual issues and Total Savings on Tax Deduction = $11000 X 17%
post-fixture strategies. Delegates will have the (Based on current corporate tax rate of 17 %)
opportunity to gain precious insight and first hand
knowledge from our panel of leading industry experts. UPTO SGD 1870
OR
This highly interactive training program will cover the
topics of Laytime & Demurrage starting from refreshing Convert Investment into Cash Payout
the basics to advanced level including commencement
and calculation of laytime, exceptions and interruptions, Laytime & Demurrage Course Fee = SDG 2750
calculation of Demurrage and issues with any claims.

The emphasis is on sound commercial practice and 30% X $2750 = SGD 825
practical decision making, drawing on the working
knowledge and experience of the course presenters. Cash you will receive :
The course includes case studies and workshops which
are designed to ensure participants maximum use of UPTO SGD 825
the knowledge gained.

Course Speakers & Testimonials

Captain Rohit Bhatia
Master Mariner MSC MNI
Managing Director
Wade Maritime Consultants Pte Ltd.
“Calculation of laytime and understanding demurrage by Capt. Rohit Bhatia.”
- Mr. Pravin V. Kamath -
The Great Eastern Shipping Co. Ltd.
“All sessions were very useful. Very useful course. Capt. Rohit Bhatia was
exceptionally good.” - Mr. Akbar Deshmukh –
Mr. Jeffrey Blum Bharat Petroleum Corporation Ltd
FICS FCIA rb
Director
Interlink International Trading (UK) Ltd. “Greatly planned endeavour. Capt. Rohit Bhatia's sessions were useful."
- Capt. Sanjay Gomes - “K" Line Pte Ltd.

“Very good course that provides great insights and information on the shipping industry. Speakers are highly engaging and
this course also covered many practical aspects in the shipping industry.” - Sophia Lin - BHP Billiton
 Advanced
ALTUS Laytime & Demurrage
WADE MARITIME MARITIME ACADEMY

Master Class on law and best practice

th

Day 1 GENCON and AMWELSH

C Ore 7 and Centrocon
0845-0930 Course Introduction & Registration Asbatankvoy and BP Voy 4
Shellvoy 6 and Exxon Mobil Voy 2010
0930-1030 The Shipping Industry & Market Structure 1230-1330 Lunch Break
Types of Vessels
Trade Routes 1330-1500 Exceptions to Laytime and Demurrage
Legal & Regulatory Bodies Exceptions and half rate exceptions
Freight Markets Weather conditions
1030-1045 Coffee Break Lighterage
Pumping warranty
1045-1230 Introduction to Laytime and Demurrage, Crude oil washing
Despatch and Detention Letters of protest
Ballasting and deballasting
Laytime and the voyage
1500-1515 Coffee Break
Concept of Arrived Ship
Notice of Readiness
1515-1700 Practical Session - Workshop of Laytime
Demurrage defined
Laydays and Laycan & Demurrage for dry and wet cargoes

1230-1330 Lunch Break

1330-1500 Voyage Estimating: Dry Cargo Freight &

Day 3
Tanker WorldScale 0900-1045 Practical Session - Workshop continued
Elements of Voyage Estimating
Techniques & Calculations 1045-1100 Coffee Break

1500-1515 Coffee Break 1100-1300 Court cases to illustrate various aspects

of L&D
1515-1700 Exercise on Voyage Estimating and
WorldScale 1300-1400 Lunch Break

Day 2 1400-1530 Legal Issues – Laytime and Demurrage

Time bars
0900-1045 Commencement and End of Laytime
Deviation
When does laytime start to run? Dispute resolution methods
What exceptions will suspend laytime?
1530-1545 Coffee Break
When does laytime end?
Types of laytime?
1545-1700 Practical Surgery - Open Session with
1045-1100 Coffee Break Expert Panel

1100-1230 Tanker & Dry Bulk Charter-Parties 1700-1730 Closing & Award of Certificates to
-Comparing C/P Laytime Clauses Delegates