Tanker Chartering, Laytime and Demurrage

Mandarin Orchard Singapore, by Meritus, Singapore, Singapore
25 July - 27 July, 2018

Course Duration: 3 Days

Key Learning Outcomes

  • Commonly used standard tanker forms such as Asbatankvoy and Shelltime 4
  • Fixing the charter and knowing when is a binding contract made and in what terms
  • Negotiating fixtures between brokers
  • Understanding what ‘subjects’ are and their legal effect
  • Delivery against bills of lading and letters of indemnity
  • Charterparty indemnity clauses
  • Safe ports and safe berths, force majeure, war and terrorism
  • Delivery, final voyage and redelivery in time charters
  • The nature of hire and off-hire for time charters
  • Laytime, demurrage and the importance notice of readiness
  • The principle of “once on demurrage, always on demurrage” and the rare exceptions
  • Incorporation of charterparty clauses into bills of lading


Who Should Attend

  • Tanker shipowners and charterers
  • Traders
  • Ship brokers
  • Marine insurance and P&I personnel
  • Maritime lawyers and in-house legal advisers
  • Claims and cargo handlers
  • Surveyors
  • Salvage and recovery agents


Course Director
Professor Martin Davies, Member
INTERTANKO Documentary Committee
Martin is the Director of the Maritime Law Center in Tulane University Law School, USA and has over 20 years practical experience as a Consultant in maritime matters and general international litigation and arbitration. He is a member of the Intertanko team that presents the tanker chartering seminar every year.


What Past Delegates Say About Our Courses
The trainer is very knowledgeable. I gain new ideas about tanker chartering and contract
~ PT Pertamina (Persero)

Lots of practical examples where discussed and demonstrated. The course material was nicely organized and the speaker is highly qualified in the relevant field. Can learn more knowledge for tanker chartering
~ Nathalin Offshore Pte Ltd

It’s useful to my job. It is an area of personal interest. The trainer is interesting
~ Equatorial Marine Fuel Management Services Pte Ltd

Some good topics on Tanker Chartering
~ D’Amico Shipping Singapore Pte Ltd

The lecturer was very good. The practical tips are useful in application. The case studies are informative.
~ Eastport Maritime Pte Ltd