The objective of this course is to help participants understand complex laytime and demurrage issues, conduct an in-depth analysis of charter parties and protective clauses, understand ways to limit liability and maximize collection, identify frequently disputed issues and how to eliminate the cause, as well as key arbitration awards and landmark rulings for successful resolution.
What you'll get out of this course
Gain a clear understanding of one of the most complex areas of shipping law and you'll finally be able to make informed decisions about your cargo with confidence, making you a valuable asset to your team and organization.
Keep More Money
When you are armed with this knowledge, you will be able to protect your business from financial losses and avoid costly legal disputes by understanding the law.
Reduce Job Stress
Understanding complexities like legal principles, knowing when a NOR is valid or the nuances of cargo contamination will help you feel more in control and confident about handling or avoiding demurrage claims altogether.
My expertise results from a unique range of experiences including: operating as in-house demurrage consultant to both BP Shipping in Chicago and STUSCO in Houston, operating as account manager for numerous cornerstone clients, and continuously developing and presenting management-level training worldwide. In 2012, I was hired by Shell to help manage their Demurrage Americas department and have further increased my global awareness by working across their STUSCO, SASCO, Shell West and STR offices.
I look forward to sharing my extensive knowledge with you on this topic so you can do your job with less stress and become an asset to your team and organization.
Key Learning Objectives
Analytical comparison of popular tanker charter parties
Establish an understanding of port versus berth charters
Qualifying when NOR is valid / invalid
Explore conditions considered to be “beyond Charterer’s control”
Distinguish what constitutes Charterer’s breach of the safe port warranty
Quantify the remedy for Vessel’s breach of Expected Readiness and ETAs
Pump warranty remedies and calculation of credits for multiple cargoes
Application of prorata and suspended laytime provisions
Understanding of legal principles
How demurrage relates to sales contracts
Nuances of cargo contamination and shortage claims
Distinguish detention from demurrage
Importance of documentary evidence
Full Course Curriculum
20+ Years of Experience
Take your career and expertise to the
Free NOR Report
Learn how to determine the validity of a vessel’s Notice of Readiness (NOR).