An Intensive 5-day Training Course
Ship Chartering, Laytime & Demurrage Masterclass
Resolution of Commercial & Legal Complexities
CLASSROOM DATES
INTRODUCTION
The Ship Chartering Course provides a complete understanding of chartering contracts, laytime, and demurrage — three essential components in maritime trade and shipping operations. The carriage of goods by sea involves multiple stages, from loading to discharge, and the relationship between shipowners and charterers determines the success of every voyage. This Laytime & Demurrage Training equips participants with the contractual, operational, and legal knowledge required to manage these critical stages effectively.
Participants will gain practical insight into the rights, obligations, and responsibilities of both charterers and owners. The training explores the intricacies of charter parties, risk management, and laytime calculation methods to ensure accurate, fair, and efficient contract execution. The course also emphasizes identifying potential pitfalls in negotiation, managing disputes, and mitigating risks that can affect voyage profitability.
This comprehensive EuroMaTech training course ensures participants understand every aspect of voyage and time chartering, laytime computation, and demurrage claims management. Real-life examples, case studies, and interactive discussions will prepare delegates to confidently negotiate and manage chartering contracts.
Key areas covered include:
- Understanding charter party clauses and contract terms
- Managing laytime, demurrage, and despatch calculations
- Identifying risks and obligations in chartering agreements
- Applying best practices to voyage and time charter operations
- Enhancing negotiation and dispute resolution capabilities
- Reviewing case studies on recent developments in maritime law
TRAINING OBJECTIVES
By the end of this Laytime & Demurrage Training, participants will be able to:
- Gain a comprehensive understanding of ship charter contracts and types of charter parties
- Interpret key clauses and terminology used in chartering agreements
- Identify the rights, duties, and liabilities of shipowners and charterers
- Avoid common pitfalls in negotiating and executing chartering contracts
- Manage and mitigate operational and financial risks in chartering
- Accurately calculate and administer laytime and demurrage claims
- Apply best practices for contract drafting and dispute management
WHO SHOULD ATTEND?
This Ship Chartering Course is designed for professionals involved in maritime trade, shipping operations, and chartering management. It will be highly beneficial to:
- Chartering and Contract Professionals
- Procurement and Commercial Officers
- Legal Advisors and Maritime Lawyers
- Freight Forwarders and Shipping Agents
- Marine Insurers and Risk Analysts
- Finance and Compliance Officers
- Professionals from Liner Shipping, Trading, and Ship Management Companies
TRAINING METHODOLOGY
The Laytime & Demurrage Training uses a blend of instructor-led sessions, case study analysis, and interactive group discussions to ensure participants gain practical expertise. Real-world examples and maritime case laws are used to illustrate complex concepts related to chartering, laytime, and demurrage.
Participants will engage in problem-solving exercises, video sessions, and role-based discussions that replicate real chartering scenarios. The participative approach encourages knowledge sharing, ensuring delegates can apply concepts directly to their organizational roles.
TRAINING SUMMARY
The EuroMaTech Ship Chartering, Laytime & Demurrage Masterclass provides delegates with the essential knowledge to manage chartering contracts effectively and minimize operational risks. The training covers voyage and time charter agreements, laytime calculation, and demurrage claims with a strong focus on practical application.
Participants will gain a deep understanding of how chartering terms affect commercial outcomes and learn strategies to protect their organization’s interests in contractual negotiations. Through expert instruction and case-based learning, the course ensures participants leave equipped to make informed, confident decisions in every stage of the shipping process.
TRAINING OUTLINE
Day 1: Introduction to Ship Chartering, Laytime & Demurrage
- The Basic Principles of Chartering
- Different Types of Chartering: Time, Voyage and Bareboat
- Understanding Ship Owners and Charterers Roles, Rights and Obligations
- Common Contract & Commercial Terms of Charter Parties
- Examples of Charter Parties Used in Different Trades
- Understanding Shipping Trade “Jargon”
- Understand What is Laytime, Demurrage and Despatch
- Case Studies Reviewed
- Role Play – Negotiating a Voyage Charter Party
Day 2: Defining Laytime
- Legal and Operational Issue: The Laytime
- All Possibilities and Remedies Undertaken
- The Types of Laytime
- The Complications That May Occur in the Commencement of Laytime
- What Can Be Considered as an Exception for Laytime Commencement
- Review of Recent Case Law
Day 3: Calculating Laytime
- How to Interpret “Laytime Definitions 2013” and Charter Party Clauses
- The Commencement of Laytime
- How to Assess the Duration or Laytime
- The Cessation of Laytime
- How to Estimate the Demurrage / Despatch Earned
- How to Recognize Fundamental Differences Between Dry Cargo and Tanker Laytime
- How to Make a Laytime Calculation of Multiple Charters
- Reviewing and Analysing Case Studies
Day 4: Defining Demurrage, Detention and Despatch
- The Fundamental Contract Law Relating to Demurrage, Damages of Detention, Despatch and Dead Freight
- How to Determine the Rate of Demurrage in Dry Cargo and Liquid Cargo Trades
- The Liability of Charterers for Demurrage
- How to Assess the Termination of Demurrage Periods
- How to Determine the Rate of Despatch in Dry Cargo Trades
- The Responsibility of the Charterer to Load Full and Complete Cargo
- The Effect of Dead Freight on Demurrage
- The Content and Rational of Past Cases of English Common Law
- How to Estimate the Demurrage / Despatch Earned
- Practical Differences in the Despatch Calculation
- Practical Differences Between Normal, Reversible and Average Laytime
Day 5: Calculating Demurrage
- How to Define Laytime and Demurrage
- How to Perform Demurrage Calculation Both for Dry and Wet Charters
- Consequence of Incorrect Choice of Wording in Drafting Charter Party Clauses Regarding Demurrage
- The Importance of Diversified Interpretation of Terms Agreed
- The Differentiation in Claims Resulting from Such Interpretation
- Analysing Charter Party Clauses and Documents Required for Calculations
CALL ME BACK
Do you wish for us to conduct this course at your premises?
Discover In-House Solutions
ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at inhouse@euromatech.com
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
