A GenCon charter party, with modifications and rider clauses, provides for:

Cargo: minimum 5000 metric tons (mt) up to full load capacity of the vessel at
charterers' option.
Laytime for loading: 1600 mt per WWD SHEX u.u.
Laytime for discharging: 1200 mt per WWD SHEX u.u.
Laytime clause: "Laytime for loading and discharging shall commence at 1 p.m. if
Notice of Readiness is given before noon and at 8 a.m. next working day if notice
given during office hours after noon. Notice at loading port to he given to the
shippers named in Box 17. Time actually used before commencement of laytime
shall count. Time lost in waiting for berth to count as loading or discharging time
as the case may be."
Demurrage and despatch clause: "Demurrage to be paid at the rate of USD 1,800
per day/pro-rata for all working time lost. Despatch money to be paid at half the
rate of demurrage for all working time saved. Demurrage/ despatch, if any, to be
settled directly between Owners and Charterers."
Cargo weight/quantity: 5,500 mt
Vessel arrived on Thursday 23rd November at 1200 hrs.
vessel berthed on 23rd November at 1530hrs
Notice of Readiness tendered on 23rd November at 1400 and accepted 1400hrs
Vessel commenced loading on 23rd November at 1600
24th November: 0800 -1030 Rain
25th November: loading
26th November: Public Holiday – No cargo work
27th November: normal work
28th November: normal work
29th November 1030 Cargo work completed
Write out the statement of facts and calculate Demurrage/dispatch as the case
might be.
Exercises
1. Work out first Laytime to commence when NOR tendered.
2. With Rider clauses