Lay charter easily

Aug 6th, 2022
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How to Lay charter and save your time

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How to lay charter

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Laydays refers to a period of specified days (e.g. Jan 7/16) during which owners must present the vessel for loading. Laydays should not be confused with laytime, which is the period allowed to the charterers for loading and/or discharging without payment additional to the freight.
Laytime is time allowed to a vessel for loading and discharge of cargo, whereas demurrage is compensation for failure to load or discharge the vessel within laytime.
Laycan or L/C - Laydays Canceling - Period during which the shipowner must tender notice of readiness to the charterer that the ship has arrived at the pod of loading and is ready to load, This period is expressed as two dates, for example laydays 25 March canceling 2 April or, when abbreviated as laycan, laycan 25
Lay day is defined as days stipulated for the loading or unloading of cargo from a ship. In other words, the time a ship must docHub the charterer for cargo operations. Lay days are determined by 2 factors, the type and amount of cargo.
Laydays and canceling are often called the laycan; they represent the period within which the vessel must be presented at the agreed port or place. If the vessel arrives before the first day of the period, the charterers do not have to accept her until commencement of the agreed laydays.
Lay day is defined as days stipulated for the loading or unloading of cargo from a ship. In other words, the time a ship must docHub the charterer for cargo operations. Lay days are determined by 2 factors, the type and amount of cargo.
Types of Charters. The three most common types of charter contracts are the voyage charter, the time charter, and the demise (or bareboat) charter.
noun. 1. : one of the days allowed by the charter for loading or unloading a vessel. : a day of delay in port.

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