Glossary
Laytime
The time a charterer is allowed for loading and discharging under a voyage charter, without paying extra. Once laytime is used up, demurrage runs; if cargo work finishes early, despatch may be earned.
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Glossary
The time a charterer is allowed for loading and discharging under a voyage charter, without paying extra. Once laytime is used up, demurrage runs; if cargo work finishes early, despatch may be earned.
Related terms
Keep going