Informa Professional

The 5th edition of Laytime and Demurrage covers all judicial and arbitral decisions reported since the last edition published in 2000. Placing an emphasis on decisions relating to commencement in laytime and how time runs in relation to multiple charters.

The laytime and demurrage clause appears in almost all carriage contracts and consequently there are now over 1,000 reported cases on the subject.

Laytime and Demurrage, 5th Edition is the only book to deal with all aspects of laytime, demurrage and detention, tracing the development of the law from its origins in the nineteenth century and earlier, right up to the early years of the twenty first century.

This book provides:

• The general principles of laytime and demurrage, providing an overview to those relatively new to the subject
• In-depth analysis of laytime clauses and the different ways in which time is allowed for loading and discharging ships - both fixed laytime and customary laytime
• Important detailed analysis of the rules relating to commencement of laytime in berth, dock and port charters, including important developments in this part of the law since the last edition
• In-depth coverage of why laytime can be suspended, for instance: adverse weather condition, holidays, strikes and other expected periods
• Other laytime matters, such as when laytime ends, averaging and reversing and the special rules relating multiple charters
• Whilst laytime has it own set of rules, there are different and equally important rules that apply once laytime has expired and the ship has gone on demurrage. These rules are set out clearly in the section on demurrage.
• The final part of this book deals with such matters as despatch, detention and frustration

Who reads Laytime and Demurrage, 5th Edition?

• All lawyers who deal with maritime matters
• Barristers
• Solicitors
• Ship owners
• Ship operators
• Ship managers
• Charterers
• Charterers' agents and ships agents
• Shipbrokers
• Commodity traders and brokers
• Arbitrators and other professionals involved in dispute resolution

The 5th edition is an indispensable book for those new to laytime and demurrage as well as anyone who needs a more in-depth analysis.

This book is part of the Lloyd's Shipping Law Library.

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