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    WMC - Advanced Laytime & Demurrage

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    Han gia
    This document provides information about an advanced training course on laytime and demurrage for the shipping industry. The 3-day course will be taught by industry experts and cover topics such as calculating laytime and demurrage, exceptions that suspend laytime, voyage estimating, and case studies. Attendees can gain practical knowledge on commercial shipping practices. The training is eligible for tax deductions and savings under Singapore's Productivity and Innovation Credit scheme.

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    © All Rights Reserved
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    WMC - Advanced Laytime & Demurrage

    Uploaded by

    Han gia
    226 views3 pages
    This document provides information about an advanced training course on laytime and demurrage for the shipping industry. The 3-day course will be taught by industry experts and cover topics such as calculating laytime and demurrage, exceptions that suspend laytime, voyage estimating, and case studies. Attendees can gain practical knowledge on commercial shipping practices. The training is eligible for tax deductions and savings under Singapore's Productivity and Innovation Credit scheme.

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    WMC_Advanced Laytime & Demurrage

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    This document provides information about an advanced training course on laytime and demurrage for the shipping industry. The 3-day course will be taught by industry experts and cover topics such as calculating laytime and demurrage, exceptions that suspend laytime, voyage estimating, and case studies. Attendees can gain practical knowledge on commercial shipping practices. The training is eligible for tax deductions and savings under Singapore's Productivity and Innovation Credit scheme.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    226 views3 pages

    WMC - Advanced Laytime & Demurrage

    Uploaded by

    Han gia
    This document provides information about an advanced training course on laytime and demurrage for the shipping industry. The 3-day course will be taught by industry experts and cover topics such as calculating laytime and demurrage, exceptions that suspend laytime, voyage estimating, and case studies. Attendees can gain practical knowledge on commercial shipping practices. The training is eligible for tax deductions and savings under Singapore's Productivity and Innovation Credit scheme.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Advanced

    ALTUS Laytime & Demurrage


    WADE MARITIME MARITIME ACADEMY

    Master Class on law and best practice

    D
    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


    “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 –
    Captain Rohit Bhatia Mr. Jeffrey Blum Bharat Petroleum Corporation Ltd
    Master Mariner MSC MNI FICS FCIA rb
    Managing Director Director
    Wade Maritime Consultants Pte Ltd. 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

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