Asbatankvoy 2025

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The document is a computer-generated ASBATANKVOY form, which outlines the terms and conditions of a tanker voyage charter party between the Owner and Charterer. It includes details about the vessel, cargo specifications, freight rates, laytime, demurrage, and responsibilities of both parties regarding loading and discharging operations. The document emphasizes compliance with regulations, liability limitations, and arbitration procedures for disputes.

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1977	4.1 Satisfied (35 Votes)

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What is laytime and laycan?

Laycan is the agreed period for a vessels arrival, affecting shipping contract terms. Laytime is the duration for cargo operations in a charter party, preventing demurrage disputes. The laycan clause specifies the arrival window, with a cancelling date allowing contract cancellation if the vessel arrives late.

Which of the asbatankvoy clauses have an effect on a laytime calculation?

Clause 7 of Asbatankvoy states that any delay caused by failure of a ships facilities or its condition shall not count as used laytime. Clause 14 of Shellvoy 5 includes a similar provision, in addition to excluding time lost as a result of any cause attributable to the vessel.

Why is it called a charter party?

For hundreds of years, written contracts covering the leasing of a ship have been known as charter parties. The term charter party derives from the Medieval Latin phrase carta partita, meaning divided document. To ensure the authenticity of a document, it was customary to execute the contract two times on the

What is the laycan in a contract?

The term laycan is frequently used in sale contracts to refer to the delivery period of the cargo. However, laycan is a charterparty term, referring to the period during which the vessel must arrive at port.

What is the difference between laycan and laydays?

The first is the window of time at which a vessel is to arrive to load cargo. The second is the time allowed to load and discharge the cargo. The window of time for vessel arrival is called laycan, the word itself being an amalgamation of laydays and cancellation.

vegoilvoy charter party pdf

ASBATANKVOY 1994 pdf ASBATANKVOY BIMCO ASBATANKVOY pdf free download ASBATANKVOY 1977 ASBATANKVOY Charter Party form Asbatankvoy pronunciation Asbatankvoy laytime clause Shelltime 4

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What is a layday in shipping?

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 reach the charterer for cargo operations. Lay days are determined by 2 factors, the type and amount of cargo.

What is asbatankvoy?

The ASBATANKVOY form was first published in 1969, with minor updates in 1977. It is the oldest tanker voyage charter form in use day to day. The outstanding longevity of this charter form is testimony to the fact that the market, particularly in Asia, prefers strongly to work with what it knows.

What is the difference between laycan and layday?

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.

Asbatankvoy 2025

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What is laytime and laycan?

Which of the asbatankvoy clauses have an effect on a laytime calculation?

Why is it called a charter party?

What is the laycan in a contract?

What is the difference between laycan and laydays?

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