Laytime and demmurage calculation
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Abstract
Aim: The pandemic caused disruptions in supply chains and resulted in delays in the movement of goods. Quarantine measures, lockdowns and restrictions on the movement of people and goods have led to delays in loading and unloading operations at ports. The purpose of this postgraduate study is the sceptic presentation of the capturing and understanding of the laytime and demurrage clauses, carried out through the bibliographic review.
Conclusions: The outbreak of Covid-19, although unprecedented for the global population, was just another crisis to deal with for the shipping industry. However, the problem with diseases is that they differ significantly in severity, ease of transmission and the methods required to deal with them, raising concerns about the terms 'force majeure', 'emergency' and 'severe epidemic or pandemic disease', considering that most agencies are involved. The issue of laytime and demurrage clauses has become more complicated during the pandemic, with disputes over whether the pandemic is a force majeure event that would allow for an extension of time regardless of what is set out in the charter party. A shortage of labor and equipment due to social distancing measures also contributed to the delay in the movement of goods. These delays have had a significant impact on the shipping industry, resulting in disputes between charterers and shipowners over laytime and demurrage clauses
Postgraduate Studies Programme
ΝαυτιλίαDepartment
Σχολή Ναυτιλίας και Βιομηχανίας. Τμήμα Ναυτιλιακών ΣπουδώνNumber of pages
45Language
GreekCollections
Except where otherwise noted, this item's license is described as
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα