Exam paper – 2013/14

• A Bulk vessel on Time Charter en-route from port

of Chennai in India to port of Yokohama in Japan
has been deviated to port of Keelung in Taiwan
to collect urgently needed spare parts for repair
and dry docking for 04 days. The ship proceeded
at 13 knots on a consumption of bunker as per
Voyage charter party, Fuel Oil (FO) and Diesel Oil
(DO) at 20 MT and 01 MT per day at sea and
respectively and DO 02Mt/ per day in the port.
• Distance according to Distance Table (in Nautical
Miles).
- Chennai / Yokohama 4,480
- Chennai/ Keelung 3,390
- Keelung/ Yokohama 1,262
Calculate approximate Off Hire Days and Extra
Bunker consumption of the vessel. (12 marks)
• Answer : FO – 11 MT
DO- 0.55 MT (at Sea)
8.0 Mt (in port)
Total FO - 11MT DO 8.55 MT
 Complete the following sentences with the words in brackets:

1. Under a Demise or Bareboat Charter party the Charterer is

responsible for providing the cargo and crew, whilst the Ship Owner
only provides the vessel. As a result the charterer takes full
responsibility for the operation of the Vessel, and pays all the expenses
incurred.
 

2. If a ship loads and/or discharges in less than the

prescribed time, the Owners pay a despatch money as a
reward for the time saved.
 

3. If, on the other hand, the prescribed time is exceeded,

then Demurrage must be paid at an agreed rate to the
Ship owner as compensation for the delay of the ship.
 
4. Charterer’s liability ceases after the cargo has been loaded
and when the freight, dead freight or demurrage has been
paid.
 
5. In the Voyage Charter the ship owner agrees to carry cargo
between specified ports at a prearranged freight.
 
6. The majority of tramp cargo shipments are made on a
voyage charter basis.

7. The Salvage Clause permits the vessel to put Into a port of

refuge in order to save life and property and also for the
purpose of deviation.
 Force Majeure

• Charterer and Owners exempt each other

from responsibility for non- performance of
the Charter party agreement when it is
caused by ‘Act of God’, Governmental,
Institutional Restrictions or any other cause
beyond control of either party.
 Lay Time Caluclations
Vessel - Mv. Unicorn Loading – Westhampton
Charterer – Wheatchart Ltd.
Laytime allowed – 48 Running Hours
Demurrage Rate – USD 4000 Despatch – Half of
Demurrage rate
NOR Tendered – Tuesday 03rd January 0935 Hours
Laytime Commenced – 03rd January 1300 Hours
Loading Completed – Thursday 05th January 1900
Hours
Calculate the Demurrage or Despatch amount.
Laytime Method
Loading Port
Day Date Time Remarks Laytime Time on
used Demurrage/
Despatch

D H M D H M
 Laytime Statement

Day Date Time Remarks Laytime Time on

used Demurrage

D H M D H M

Tues 03 Jan 0935 H NOR Tendered

1300 H Loading Commenced

1300 H Laytime Commenced

Tues 03 Jan 2400 H - 11 -

Wed 04 Jan 2400 H 01 - -

Thurs 05 Jan 1300 H - 13 -

Thurs 05 Jan 1900 H - - - - 06 -

Total Lay Time Used/ 02 - - - 06 -

demurrage
• Demurrage – 06/24 = 0.25 Days
= 4000 X 0.25
= USD 1000
2. Standard Facts:
- Laytime commenced for loading on Monday 04th Feb 1200
Hours
- Loading completed on 08th Feb 1200 Hours
- Laytime commenced for discharging on Thursday 21st Feb
1200 Hours and Discharging completed on 28th 2400 Hours.

- 06 Laydays allowed for Loading

- 03 laydays allowed for discharging
- Demurrage rate USD 3000 per day
- Despatch @ half Demurrage rate on all time saved.
Laytime not counting 1200 hrs on Saturday until 2400 hrs
on Sundays.
Calculate Demurrage / Despatch under Reversible Laytime
and Non Reversible Laytime.
Laytime Method
Loading Port
Day Date Time Remarks Laytime Time on
used Demurrage/
Despatch

D H M D H M
Mon 04th Feb 1200 H Laytime commenced - 12 -

Tues 05th 01 - -

Wed 06th 01 - -

Thurs 07th 01 - -

Fri 08th 1200 H Loading completed 01 - - - 12 -

Sat 09th - 12 - 01

Sun 10th - - - 01 - -

Mon 11th 01 - - 01

06 - - 03 12
Laytime Statement – Non- Reversible Laytime Method
Discharging Port
Day Date Time Remarks Laytime Time on
used Demu/Desp

D H M D H M

Thurs 21st Feb 1200 H Laytime commenced - 12 -

Fri 22nd 01 - -

Sat 23rd - 12 -

Sun 24th - - -

Mon 25th 2400 H Laytime expired 01 - - - - -

Tue 26th - - - 01

Wed 27th - - - 01 - -

Thurs 28th 2400 H Discharging completed - - - 01

03 - - 03 -
• Loading port : 3 ½ days Despatch @ USD 1500
per day
= USD 5250.00
• Discharging port: 3 days Demurrage @ USD
3000 per day
= USD 9000.00
• Net payment to Ship owner = USD 3750.00
Method
Loading Port
Day Date Time Remarks Laytime Time on
used Demurrage/
Despatch

D H M D H M
Mon 04th Feb 1200 H Laytime commenced - 12 -

Tues 05th 01 - -

Wed 06th 01 - -

Thurs 07th 01 - -

Fri 08th 1200 H Loading completed - 12 -

Thurs 21st 1200 H Discharging laytime - 12 -

commenced
Fri 22nd 01 - -

Sat 23rd - 12
-
Sun 24th - - -
Method
Loading Port
Day Date Time Remarks Laytime Time on
used Demurrage/
Despatch

D H M D H M
Mon 25th Feb 01 - -

Tues 26th 01 - -

Wed 27th 2400 H Laytime expired 01 - -

Thurs 28th 2400 H Discharging completed 01 - -

09 01
• 01 Day demurrage @ USD 3000 per day
= Net payment to Ship owner USD 3000
3. Standard Facts:
- Laytime commenced for loading on Thursday 01st April 1200 Hours
- Loading completed on 07th April 2400 Hours
- Laytime commenced for discharging on Monday 03rd May 0800
Hours and Discharging completed on 06th May 2400 Hours.

- 07 Laydays allowed for Loading

- 04 laydays allowed for discharging
- Demurrage rate USD 4000 per day
- Despatch @ half Demurrage rate on all time saved.
Laytime not counting 1200 hrs on Saturday until 2400 hrs on
Sundays.
Calculate Demurrage / Despatch under Reversible Laytime and Non
Reversible Laytime.