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 Topic     Understanding reversible laytime better
    Title Author          Date & Time 
         a s d 3 Dec 2007 14:30
         Guarantees for charteres/merchant palculienka 10 Oct 2006 16:48
           Re: Guarantees for charteres/merchant Dileepkr 21 Dec 2009 11:38
           Re: a Dileepkr 21 Dec 2009 11:32



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Title:     a
Author: s d Posted on: 3 Dec 2007 14:30
 Click here to contact the author Posting ID #570
 
can anybody illustrate the term reversible laytime calculation for a vessel discharging at two ports with and example
 
 



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Title:     Guarantees for charteres/merchant
Author: palculienka Posted on: 10 Oct 2006 16:48
 Click here to contact the author Posting ID #503
 
Hi, would have one practical question in regards of my frequent problems with respect of agreed laycan. If anybody could help me, I would appreciate that. I'm struggling with the problem when vessel arrive to the port of loading later then booked laycan.(which affect of course ETA to the final destination) I know that I have a right to cancel the booking once the actual eta pol is out of teh booked laycan but abviously there is no vessel in the same position or earlier than the vessel that I have to wait for or that I booked. Any suggestions? Thanks
 
 



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Title:     Re: Guarantees for charteres/merchant
Author: Dileepkr Posted on: 21 Dec 2009 11:38
 Click here to contact the author Posting ID #638
 
Late arrival of vessel. Unfortunately, nobody has control over such late arrival as it is caused by several factors. Charterers are put in a very embarrassing situation at that time. The only suggestion is to look for alternative (nearby) vessels well in advance. Or try to negotiate the agreed terms with the Owners like compensation of late arrival, etc. In any case, it is very difficult to hold the Owners legally liable for this unless Charterers can prove that the vessel arrived late because of Owner's lack.
 
 



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Title:     Re: a
Author: Dileepkr Posted on: 21 Dec 2009 11:32
 Click here to contact the author Posting ID #637
 
Reversible laytime is simply applying the time saved at the port of loading (PoL) to the port of discharge (PoD). Some CPs agree for despatch in lieu of such time saved at PoL and some agree to apply it at PoD, especially when there is demurrage at the PoD. Eg., Time Saved at the PoL: 3h7m. Time Lost at the PoD: 8hrs10min. Net time lost: 8h10m-3h7m=5h3m. Trust your question clarified.