Introduction to Demurrage
20+ Years of Experience
What you'll get out of this course
Move forward in your career and gain a competitive edge with a solid foundation and understanding of demurrage.
Reducing potential disputes due to increased knowledge of the requirements of the contract, and to develop an understanding of time bar issues and arbitration procedures as alternatives for dispute resolution.
Understanding the complexities of martime charter contracts and obligations can help reduce delays and therefore lead to cost savings for your organization. Improved understanding of time bar issues and arbitration procedures helps in quickly resolving disputes and reduced legal costs.
Gain knowledge to identify and quickly resolve potential problems with charter contracts. Increased awareness can help reduce delays, increase efficiency, and ensure timely submission of documents and payments.
Key Learning Objectives
Review of the various types of charters
Establish an understanding of Owner versus Charterer obligations
Formulate laytime calculations and qualify exceptions to time counting
Application of nighttime restrictions and weather delay provisions
Understand transshipment laytime pitfalls
How time bar relates to charter parties and commercial contracts
Demurrage documentation requirements and time bar issues
Examination of various types of time logs
Analysis of barge demurrage and provisions
Arbitration procedures and dispute resolution alternatives
Full Course Curriculum
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.
Take your career and expertise
to the next level!
Free NOR Report
Learn how to determine the validity of a vessel’s Notice of Readiness (NOR).