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Delivered in collaboration with the Institute of International Shipping and Trade Law, University of Wales Swansea, UK

Supported by


Wednesday-Friday 29-31 October 2008

LAytime, Dry CArgO Laytime, tanker BiLLs of Lading time Charter agenCy saLe & PurChase

Wednesday 29 OctOber

09:00 - 09:30 09:30 - 09:50 registration and Coffee Opening remarks and a Brief introduction to BimCO Peter Grube, Head of Sales and Marketing, BIMCO introduction of Participants and Allocation to Workshop groups introduction to Laytime and Demurrage ·Principlesforallocationofriskfordelaybetweenownersand charterers ·Lackofregulatoryinterference ·Meaningoflaytime ·Meaningofdemurrage ·VoylayRules Richard Williams Coffee types of Laytime ·Fixedlaytime ·Tonnageperhourperhold/hatch ·Customoftheport D. Rhidian Thomas Commencement of Laytime ·Arrivedship ·WIBON/WIPON ·Readinessofship ·NORissues D. Rhidian Thomas Lunch Stoppages and termination of Laytime ·Stoppageswhicharepartofdefinedlaytimee.g.Sundays,holidays, weatherworkingdaysetc. ·Exceptionclausese.g.strikes,breakdownsetc. ·Constructionofstoppageclauses D. Rhidian Thomas example of Laytime Calculation Using Statement of Facts, time-Sheets, etc. Richard Williams Coffee Case Study No 1 reception

09:50 - 10:15 10:15 - 11:15

11:15 - 11:45 11:45 - 12:15

12:15 - 13:30

13:30 - 14:30 14:30 - 15:30

15:30 - 16:00

16:00 - 16:30 16:30 - 18:30 18:30 - 19:30

thursday 30 OctOber

09:30 - 10:30 10:30 - 11:00 11:00 - 11:30 11:30 - 12:15 12:15 - 13:00 Overview of Demurrage and Dispatch ·Whatisdemurrage/dispatch? ·Whyisitneeded? Richard Williams Averaged and reversible Laytime D. Rhidian Thomas Coffee Worked example D. Rhidian Thomas Damages for Detention ·Whatremedyisthereifdemurragedoesnotapply? ·Exampleofcasesofdamagesfordetention Richard Williams Lunch Stoppage and termination of Demurrage ·Exceptionclauses ·Whylaytimeexceptionsdonotautomaticallyapplytodemurrage ·Whendoesdemurragestoprunning? TBN Worked example TBN Coffee Case Study No 2

13:00 - 14:00 14:00 - 15:00

15:00 - 16:00 16:00 - 16:30 16:30 - 18:00

friday 31 OctOber

09:00 - 10:00 10:00 - 10:30 10:30 - 11:00 11:00 - 11:45 11:45 - 12:30 12:30 - 13:30 13:30 - 15:30 15:30 - 16:00 16:10 - 17:10 17:10 - 17:30 international Sale Contracts and Demurrage Payments ·Whatistheconnection? D. Rhidian Thomas Commercial Usage of Laytime/Demurrage in Non-traditional Ways Richard Williams Coffee time Bar and Other issues Affecting Claims for Demurrage Richard Williams Litigating or Arbitrating Demurrage Claims - a Comparison D. Rhidian Thomas Lunch Case Study No 3 Coffee Assessment evaluation and Closing remarks Peter Grube


richard Williams

Richard Williams retired from private practise at the end of 2000 after30yearswithInce&Co,theinternationallyrenownedlawfirm specialisinginmaritimelaw. Hewasapartnerfor25yearsandwaschairmanofthefirm'sdryshipping business group specialising in carriage of goods, charter parties and P&Iissues.Hewasregularlyconsultedbothbyprivateclientsandalso byUNagenciesandotherinternationalbodiesinrelationtoindustrywideissues. Heistheauthorofnumerousarticlesonshippinglawandisco­author ofthestandardtext­book"LimitationofLiabilityforMaritimeClaims" publishedbyLloydsofLondonPress(4thedition2005).Heisnowa consultanttoInce&CoandaVisitingProfessorteachingmaritimelaw attheUniversityofWalesSwansea.

D. rhidian thomas

Professor Thomas is Professor of Maritime Law and Director of the InstituteofInternationalShippingandTradeLawattheUniversityof WalesSwansea,UK. HeisamemberoftheComitéMaritimeInternational,BritishMaritime Law Association (BMLA), Chartered Institute of Arbitrators and the BritishInsuranceLawAssociation. He specialises in shipping and international trade law, and has wide international experience as a lecturer. His publications are extensive and his book titles include "Maritime Liens", "Law and Practice of AppealsfromArbitrationAwards"and"DefaultPowersofArbitrators". Heisalsoeditorofthe"ModernLawofMaritimeInsurance"Vols1and 2,Editor-in-ChiefoftheJournalofInternationalMaritimeLawandan editorofArbitrationInternational.HeischairmanoftheBMLAStanding CommitteeonMortgagesandShipArrest.


Peter grube

PeterGrubejoinedBIMCOin1990andisaManagerinBIMCOCourses &Events.HisfirstpositionwasintheServicesDepartmentassisting memberswithawiderangeofissues,includingretrievaloffundsand companyinformation.In2000,PetertookupthepositionasHeadof BIMCO'sSales,MarketingandPRactivities.Peterhasprojectmanaged a wide range of BIMCO Events, including the General Meetings in Beijing,Barcelona,CopenhagenandHongKong. In2005,PetertransferredtotheCourses&EventsDepartment.Heis involvedintheplanning,coordinationandgenerallogisticsforBIMCO's courses, seminars and conferences where he delivers the courses world-wide,oftenspeakingonissuesrelatedtoBIMCO'sactivities. Prior to joining BIMCO, Peter worked in ship owning as well as Sale & Purchase in Greece. He has graduated from the Danish School for International Marketing & Export and is a Chartered Shipbroker (FICS).



EUR900forBIMCOmembers Thefeeissubjectto19%GreekVAT. Fee including VAt: eUr 1071 for BimCO members


eUr 1428 for non-members

PleasenotethatGreekVATmustbepaidbyall,althoughthismaybereclaimed by companies whose tax authorities have reciprocal arrangements with Greece. The fee includes coffee breaks, lunches, reception and course materials. Thefeedoesnotincludeaccomodation.Accommodationshouldbe arranged separatelybytheparticipantdirectlywiththehotel. To sign up, please use the On-Line Registration, which can be found on our As the number of participants is limited to 40, please register as soon as possible to avoid disappointment, but latest by Tuesday 7 October 2008. Registrationwillbehandledonastrictly"firstcome,firstserved"basis. Once you have registered, a confirmation e-mail will be sent to the e-mail address provided during registration. Please note that you will only be consideredofficiallyregisteredonceyourRegistrationandPaymenthavebeen received. Payment is to be received latest ONE week after registration, failing which theregistrationwillbenullandvoid.Ifyouhaveregisteredintoawaitinglist, paymentmustbeeffectedWITHINONEDAYafteranavailableseathasbeen offeredtoyou,failingwhichtheseatwillbeofferedtothenextpersononthe waitinglist. Allpaymentsandregistrationsarehandledbyourconferenceorganiser,ICS Copenhagen A/S. Their details can be found in the confirmation e-mail sent toyouafterregistration.Anotherconfirmatione-mailwillbesentwhenthey havereceivedyourpayment.Questionsaboutregistrationorpaymentcanbe [email protected] SubstitutionscanbemadefreeofchargeuntilTuesday21October2008,one weekbeforethecourse. If,foranyreason,theparticipantcancelstheregistrationonorbeforeTuesday 7October2008,75%ofthecoursefeewillberefunded.Cancellationsafter thisdatearenotsubjecttoanyrefund. Participantswhohavepaidthefullcoursefee,butareunabletoparticipatein thecourseandareunabletosendasubstitution,havetheoptionofreceiving thecoursematerialbyordinarymail.Thematerialwillthenbeforwardedto theparticipant'sofficialaddress(asstatedduringtheregistrationprocedure) afterthecoursehasbeencompleted. BIMCO Informatique A/S reserves the right to cancel the course in case of insufficientadvanceregistration. Should you require an invitation letter from BIMCO to support your visa application,pleasenotethatsuchalettercanonlybeissuedwhenreceiptof paymenthasbeenconfirmed. Delegateswillreceiveafileonarrivalwhichincludesthecoursematerial.All documentationandpresentationswillbeinEnglish.

tO SigN UP



ViSA iNVitAtiON LetterS

COUrSe mAteriAL


Hilton Athens 46Vas.SofiasAvenue 11528Athens,Greece Tel: +302107281000 Fax: +302107281111 Web:


Dry Cargo Laytime tanker Laytime - Bills of Lading time Charter - Agency Sale & Purchase

The BIMCO Masterclass Workshop seriesconsistsofsixmodularworkshops focusing on key aspects of maritime commerce.Theworkshopswillprovide participantswithathoroughgrounding intheprinciplesandpitfallsofeachcore subject.Theworkshopsaredesigned forparticipantswhoalreadyhavesome shippingexperienceandwhowishto broadentheirknowledgeofaparticular topicwithintheshippingindustry.As such,theworkshopsarewellsuitedto thedevelopmentofexistingandfuture decision makers who require a solid groundinginthemechanicsofmodern commercialpractice. Eachworkshopintheseriesconsists of three days of presentations by the finest experts, combined with group discussions and case studies. Participants are expected and will be encouraged to contribute actively to both the group discussions and case studies. At the end of each workshop, participants may take an "openbook"examtoassesstheirlevel ofunderstandingofthesubjectmatter. This assessment, which is assessed andmarkedbythecoursepresenters and leads to the award of a BIMCO diploma,willbeofvaluetoemployers andemployeesalikeindemonstrating the effectiveness of the training and knowledgeattained. Shouldyouhaveanyquestionsabout thecourse,pleasecontact:

refLeCting your interests

BimCo Bagsvaerdvej161 DK-2880Bagsvaerd Denmark

Tel:+4544366800 Fax:+4544366868 E-mail:[email protected]


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