Demurrage and Laytime Calculation, International workshop 26 - 28 October 2011, Moscow

Demurrage and Laytime Calculation
International workshop
26 - 28 October 2011, Moscow

One of the most contentious aspects of both vessel chartering and oil sale and purchase contracts is laytime and demurrage. It is therefore essential that all those involved in an oil trading contract, trader, charterer, oil and shipping operator and demurrage analyst understand the intricacies of laytime and demurrage.

This course will guide you through the complexities of laytime and demurrage calculations and provide clarification and insight into exceptions and interruptions of laytime and benefit all those who have responsibility for avoiding costly contractual mistakes.

For example, how many costly problems can arise when cargoes are traded without adequate regard for the differences between the terms of the sales contracts and the charter parties? Most demurrage departments save about 7% on demurrage receivables, but an experienced, knowledgeable and proactive analyst can save up to 35%!

For detailed information please contact:
Viktoria Gaponenko
vgaponenko@vostockcapital.com
Tel.: +442073943090
Moscow line: +74955437919