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Laytime, Claims and Documentation

Reversible Laytime

An arrangement allowing loading and discharging laytime allowances to be combined.

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Related terms

Notice of Readiness (NOR)Once on Demurrage, Always on DemurrageTime BarTimesheet

Related Zea Notes

Laytime and Demurrage Without the JargonLaytime disputes often look mathematical, but the real difficulty is contractual: deciding which minutes count, when the clock starts and what evidence supports each event.