Oil Operations & Demurrage Conference 12th & 13th May 2022

Posted Leave a commentPosted in Demurrage, Laytime, Media, News Items, Operations, Time Bars & Nominations

HubSE Demurrage (Hub Software Engineering Ltd) together with Pequod Associates Ltd and Minton, Treharne & Davies Group are proud to announce their inaugural London Conference. We’ve all been locked up for too long and it’s now time to reconnect with your industry colleagues face to face.  The conference takes place in Richmond upon Thames, a […]

Demurrage and Spreadsheets: why it might be time to get rid of your spreadsheets

Posted 2 CommentsPosted in Claims Management System from Hubse, Demurrage, European Barges, Laytime, Technology

This article by Phil Stalley first appeared in Trade Finance Global and you can see the article here. Though you may be familiar with the terms demurrage and detention in the context of the container business, this article will be focusing on the process of laytime and demurrage in those cases where the vessel is […]

How Much Laytime does Deadfreight Buy You?

Posted 3 CommentsPosted in Laytime

In the deep sea tanker trade laytime is normally agreed as x number of hours for loading and discharging.  ‘x’ is frequently 72 hours and would be if fixed on the basis of Worldscale Hours Terms and Conditions but of course it can be much more or much less depending on the size of the […]