| 6. Laytime | 89 | |
| * | (a) Separate laytime for loading and discharging | 90 |
| The cargo shall be loaded within the number of running days/hours as | 91 | |
| indicated in Box 16, weather permitting, Sundays and holidays excepted, | 92 | |
| unless used, in which event time used shall count | 93 | |
| The cargo shall be discharged within the number of running days/hours as | 94 | |
| indicated in Box 16, weather permitting, Sundays and holidays excepted, | 95 | |
| unless used, in which event time used shall count. | 96 | |
| * | (b) Total laytime for loading and discharging | 97 |
| The cargo shall be loaded and discharged within the number of total running | 98 | |
| days/hours as indicated in Box 16, weather permitting, Sundays and holidays | 99 | |
| excepted, unless used, in which event time used shall count. | 100 | |
| * | Commencement of laytime (loading and discharging) | 101 |
| Laytime for loading and discharging shall commence at 13.00 hours, if notice of | 102 | |
| readiness is given up to and including 12.00 hours, and at 06.00 hours next | 103 | |
| working day if notice given during office hours after 12.00 hours. Notice of | 104 | |
| readiness at loading port to be given to the Shippers named in Box 17 or if not | 105 | |
| named, to the Charterers or their agents named in Box 18. Notice of readiness | 106 | |
| at the discharging port to be given to the Receivers or, if not known, to the | 107 | |
| Charterers or their agents named in Box 19. | 108 | |
| If the loading/discharging berth is not available on the Vessel's arrival at or off | 109 | |
| the port of loading/discharging, the Vessel shall be entitled to give notice of | 110 | |
| readiness within ordinary office hours on arrival there, whether in free pratique | 111 | |
| or not, whether customs cleared or not. Laytime or time on demurrage shall | 112 | |
| then count as if she were in berth and in all respects ready for loading/ | 113 | |
| discharging provided that the Master warrants that she is in fact ready in all | 114 | |
| respects. Time used in moving from the place of waiting to the loading/ | 115 | |
| discharging berth shall not count as laytime. | 116 | |
| If, after inspection, the Vessel is found not to be ready in all respects to load/ | 117 | |
| discharge time lost after the discovery thereof until the Vessel is again ready to | 118 | |
| load/discharge shall not count as laytime. | 119 | |
| Time used before commencement of laytime shall count. | 120 | |
| * | Indicate alternative (a) or (b) as agreed, in Box 16. | 121 |
The laytime is the time, which according to the charter party, is allowed for the loading and discharging of the cargo (the allowed time).
The laytime is one of the elements which involves most discussions during the negotiations of a voyage charter agreement and which causes most arguments between the Ship Owner and the Charterer. It is consequently necessary to formulate the wording of the Laytime Clause as clearly as possible by clarifying or completing the printed the text, which is not always very clear, in additional clauses.
Under a voyage charter, the financial risks, associated with a possible delay of the ship are solely for the owner. In the harbour the risks are spread and can be born partly by the owner and partly by the Charterer.
If the allowed time for loading and discharging (thus the laytime) has been exceeded, then the Charterer must pay compensation to the owner called demurrage for the time lost in port and this according to a set amount in the charter party. If the reverse happens, in other words if the ship is loaded and/or discharged sooner then foreseen, then the owner will have to pay the Charterer a compensation called despatch.
In order to be able to calculate the laytime adequately, the owner and the Charterer must have a number of essential facts at their disposal such as: