The Shipping System Laytime Calculation Free
These include liaison between the shipowner and the charterer on various issues but most important, on issues concerning laytime calculation. Laytime calculating requires a familiarity with a Timesheet and perhaps also a statement of facts. The purpose of calculating laytime is not only to calculate the time during which the vessel is made available to the charterer for loading and/or discharging but also to calculate demurrage or despatch if there is time lost or saved. The laytime calculation also provides evidence should a dispute arise, which has to go to arbitration or to a court for solution.
The Shipping System Laytime Calculation Free
The charterparty clauses stipulating laytime, demurrage and despatch are of extreme importance. Extracts from actual charterparties will be used in the examples, with modifications of quantities and loading and discharging rates in order to round off the calculations as far as possible.
Danaos Laytime module is integrated with the timesheet of the loading/discharging activity which comes from the vessel directly. It has been designed to assist users with laytime/demurrage/despatch calculations. It caters for all modern charter party clauses regarding commencement and cessation of laytime, thus allowing users to establish the demurrage /dispatch due seamlessly in various scenarios. Depending on the terms and consequently the parameters inserted in the program, the system assesses laytime generating a detailed Statement of Facts mentioning all relevant data essential for the calculation.Laytime calculation is one of the most laborious, objectionable and time-consuming tasks in the shipping business; however, if done accurately, it can save a lot of money.With DANAOS powerful but user-friendly Laytime and Demurrage Calculation software, you need only minutes instead of hours for error-free calculation. That means you save time and effort as well as money.
The program supports all usual contract clauses for the laytime calculation including: Reversible / Non reversible / Average / Working time saved / All time saved once on demurrage, always on demurrage / Not always on demurrage Mixed reversible / non reversibleAll usual laytime calculation terms already predefined: full time counting, half time to count, time not to count, rain, shifting time not to count and a free percentage value for partial counting in case of breakdowns etc. Working periods during weekends and non-counting periods on demurrage also supportedAll usual SHex terms already predefined and user customizable. Non-standard regulations can be specified by begin/end day of week and time
Spreadsheets can be useful for organizing and inputting your data for laytime calculations. However, this becomes an arduous task when you have to continually update and input your data entries manually.
As you switch to the Enqlare platform you can accummulate your knowledge in the system - learning things from different ports with regards rain, shifting times, barge delays etc. making you better prepared for the next calculation for a particular port or ship, based on access to better data and insights.
You can keep track of all laytime calculations and negotiations in one space (organized by voyage). Along with a workflow to keep track of which laytimes are still negotiated and which are settled and paid (or received). All of thi