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Glossary
Laytime, Claims and Documentation
Laytime
The contractually allowed time for loading or discharging cargo.
Reviewed by Zeaclub Editorial Team ·
12 July 2026
Related terms
Demurrage
Despatch
Notice of Readiness (NOR)
Once on Demurrage, Always on Demurrage
Related Zea Notes
From Fixture to Final Settlement: The Commercial Voyage Workflow Explained
A voyage is not a single transaction. It is a chain of commercial promises, operational events, documents, calculations and approvals. The weakest hand-off often determines the quality of the final result.
