This talk aims to provide an understanding of the four triggers necessary to start the laytime clock and the effect of the case law surrounding these four triggers.
Petroleum Training
Commencement of laytime
Prices from
£195.00
per person
Discounts available when booking for
more than one person per organisation
Aim of Presentation
Duration 75 Mins via
Topics Covered
- Lump sum/worldscale freights
- Four triggers to start the laytime clock
- Arrival at destination. What is the destination?
- Readiness to load/discharge
- NOR and it’s validity
- Preparation time
Your Speaker
David Clark
Director - Pequod Associates
QuickLink
+44 (0) 207 953 7988
David qualified as a solicitor in the 1990s. As a result of having previously worked as in-house counsel for one of the largest independent oil traders, he now specializes in petroleum shipping & trading claims. He also handles cargo recovery claims involving both petroleum & other commodities, as well as port and terminal disputes.
Besides acting for the cargo insurance market, his clients include refiners, oil traders & oil majors whom he assists with their sale contract & charter party disputes (principally demurrage & additional freight claims). He also provides guidance on the drafting of tanker charter party additional terms.
David is a regular speaker on matters such as laytime & demurrage, interim port & STS clauses, petroleum loss & sale contract terms.