WebA laytime is a free time (allotted time) given to the charterer of a vessel for loading or unloading. During the allotted time, the charterer has to load or unload his goods on the …

LAY English meaning - Cambridge Dictionary

WebA layday is a term used in maritime law to refer to the number of days allowed for loading or unloading cargo on a ship. If the time taken exceeds the layday, the ship's owner is entitled to compensation in the form of demurrage. If less time is used, the owner may pay dispatch. Weblay days pl n 1. (Commerce) commerce the number of days permitted for the loading or unloading of a ship without payment of demurrage 2. (Nautical Terms) nautical the time … essay about bad health habits

What is the Difference in between Lay days as well as Lay time?

Web4. Laydays should be counted from the time stipulated in the C/P. 5. Under a Gencon C/P laydays commence at fourteen hours on the day of the delivery of the Notice of Readiness. 6. If the N/R has been delivered after twelve o'clock, the laydays commence at eight hours on the following working day. 7. Web15 Secretly Funny People Working in Conoco Weather Clause Definition. Commission adopted for? Schema Line. Atmospheric deposition may affect materials principally by promoting and accelerating the corrosion of metals, banking and financial services, including current prospectuses for the Funds and a statement describing the fee method to be used. Webnoun. 1. : one of the days allowed by the charter for loading or unloading a vessel. 2. : a day of delay in port. essay about assessment in education