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 Laytime Introduction and Objectives
The objective of the Laytime program is to provide owners, charterers and operators with the means to prepare laytime statements rapidly and accurately. The first version of Laytime was released early in 1989 and it is now widely used in many countries for both the dry cargo and tanker trades. The program does not pretend to replace shipping expertise. The users must know their charter-parties and the terms of particular fixtures. However, the program takes away the time consuming tedium of the calculation and the presentation of the claim. The user specifies the charter-party terms and the statement of facts, indicating if time is counting or not. The program does the rest, recognising when the vessel goes on demurrage or when laytime expires if calculating despatch. The cost of this program is soon recouped by the savings in the time of skilled personnel and by improving the accuracy of calculations.
Features Include
Fixture date
Name of vessel and charterer
Dry cargo or tanker
Separate load and discharge terms or all purposes
Despatch and demurrage, always on demurrage, or otherwise
Time allowed in days, hours, tonnes per day or tonnes per hour
Times and dates from the statement of facts
Specification of time not counting or partially counting
Multi-load and multi-discharge
Despatch payable on laytime or all time saved
Facility to save and recall details
Pro-rating of time counting
Calculation
Time used at each port
Despatch and/or demurrage
Pro-rating details if required
Total time used,time saved and time on demurrage
Normal, Average and Reversible laytime
Presentation
Results are presented on the screen showing total times, despatch or demurrage and details for each port
Results are also prepared in the form of hard copy reports, ready for immediate presentation, showing a summary of all the assumptions and the results together with detailed statements and calculations for each port.
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