In its 19^th year, the 5^th edition of Laytime and Demurrage covers all judicial and arbitral decisions reported since the last edition published in 2000. Placing an emphasis on decisions relating to the commencement in laytime and how time runs in multiple charters.

This book provides:

• The general principles of laytime and demurrage, providing an overview to those relatively new to the subject
• In-depth analysis of laytime clauses and the different ways in which time is allowed for loading and discharging ships -- both fixed laytime and customary laytime
• Important detailed analysis of the rules relating to commencement of laytime in berth, dock and port charters, including important developments in this part of the law since the last edition
• In-depth coverage of why laytime can be suspended, for instance: adverse weather conditions, holidays, strikes and other unexpected periods
• Other laytime matters, such as when laytime ends, averaging and reversing and the special rules relating to multiple charters
• Whilst laytime has it own set of rules, there are different and equally important rules that apply once laytime has expired and the ship has gone on demurrage. These are set out clearly with how they have developed in the section of the book relating to demurrage
• The final part of the book deals with such matters as dispatch, detention and frustration