Course description
Certificate in Laytime and Demurrage
Learn key knowledge on diffusing disputes and maximising charter profits.
Understand the difference between profit or loss; conciliation or litigation; success or failure in trade deals and chartering enterprises.
Upcoming start dates
Outcome / Qualification etc.
Your Digital Badge!
You can now have a digital version of your Lloyd’s Maritime Academy Certification!
Powered by Credly, your Lloyd’s Maritime Academy Digital Badge is an online version of your credentials that contains a description of your Award, Demonstrated Skills and what it took to obtain your Certificate qualification.
What you'll learn
- Different types of chartering: time,voyage and bareboat
- The complications that may occur in the commencement of laytime
- How to recognize fundamental differences between dry cargo and tanker laytime
- The fundamentals of contract law related to demurrage, damages of detention, despatch and deadfreight
- The difference between theory and its application to practices at all stages of a shipping adventure (from negotiation stage to the follow up/performing of a voyage)
- Analysing charter party clauses and documents required for calculations
Training Course Content
- Module 1 - Laytime and Demurrage Introduction and Context
- Module 2 - Defining Laytime
- Module 3 - Calculating Laytime
- Module 4 - Demurrage, Detention and Despatch
- Module 5 - Calculating Demurrage
- Module 6 - Laytime, Demurrage and Despatch in Practice
Course delivery details
How you'll learn
Every course is broken down into manageable modules, designed to accelerate your learning process through diverse learning activities:
- Work through your instructional material online
- Interact with your peers and learning facilitators through the online forum to discuss subject related issues and to network with your fellow learners
- Investigate relevant, real-world case studies
- Apply what you learn each week to ongoing project
Why choose Informa Connect
We train 10,000+ people every year
We've been delivering learning for 40+ years
Join a community of over 10,000,000+ professionals
Expenses
- UK Individuals and UK Companies (VAT): £1799 + VAT @ 20%
- EU Individuals and EU Companies (No VAT to pay): £1799 | $2429
- Individual or Company outside the EU (No VAT to pay): £1799 | $2429
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Lloyd’s Maritime Academy (LMA) is the world’s largest provider for professional development, working with leading academic and industry bodies to provide accredited education and training where it is much needed. Lloyd's Maritime Academy is part of Informa Connect Academy, focusing exclusively...