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What is Understanding Lay Time in Shipping about?

This document discusses lay time, which refers to the time a carrier presents a vessel for loading cargo without additional payment beyond freight. It begins by defining lay time under Russian law and how it allocates risks between charterers and shipowners. It then examines when lay time begins according to charter type (port, dock, berth) and conditions for readiness. Finally, it analyzes clauses that can modify when lay time calculation starts, primarily protecting shipowners by allowing earlier start th

Author

Naruto Uzumaki

Language

EN