Informa Professional

Commencement of Laytime, 4th Edition is the only in depth examination and discussion concerning the most important financial aspect of laytime which can affect all voyage charterparties and international contracts for the sale of goods. Unlike many other publications the information is presented in a style which is readable by ship operators, traders and other lay persons as well as legal professional.

This 4th edition has been brought up to date with all judgments and reported arbitrations since the previous edition eight years ago and also includes consideration of the recent ISPS Code which became effective in July 2004.

This edition provides:

• The latest important judgments since the last 1998 edition (Court of Appeal and High Court) such as:
• The "Happy Day" - commencement of loading/discharging regarding waiver and estoppel
• The "Nikmary" - readiness and absolute obligation of the charterer to provide a cargo
• The "Mass Glory" - assessment of damages regarding arrival of vessel and setting off laytime
• The "Stolt Spur" - owners using their vessel for their own purposes while it waits for berth
• The "Solon" - exceptions


• A large number of additional London Maritime Arbitrations


• Fully revised and improved chapters, with special attention being paid to changes in and clarification of, the law as reflected by the judgments and reported arbitrations


• New sections on:


• non-production of bills of lading
• 2004 ISPS Code
• International contracts for the sale of goods


• Fal Oil v. Petronas
• Kronos v. Sempra 2004

Who should read this book

It is essential reading and/or reference, for all those who have to deal with laytime in voyage charterparties and international contracts for the sale of goods such as:

• ship owners/operators
• shipbrokers
• charterers
• traders
• barristers
• solicitors
• arbitrators
• anyone lecturing or studying maritime law

Product Menu

• Reviews