Laycan definition

Laycan means the earliest date on which Laytime can commence and the latest date, after which the charterer can opt to cancel the Charter Party.

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Laycan means the defined period during which Customer must tender a Notice of Readiness to Owner that the Vessel has arrived at the anchorage or customary place of waiting and is in all regards ready to commence loading.

Laycan means that certain period within the Layday Period and the earliest date at which loading (Laytime) can commence and the latest date upon which the Vessel can arrive at its appointed loading place without being at risk of being canceled.

Examples of Laycan in a sentence

• Vessels arriving and issuing valid Notices of Readiness within the Laycan confirmed by Owner will be berthed at the Berth in the order of their tendering of valid notices of readiness, on a “first come, first served” basis.

• The destination of the crude oil delivered under this Agreement shall berefining systems in Europe, North and South America, the Far East and South Africa, given that it is declared at least seventy-two (72) hours before the accepted Laycan date.

• At least 30 days prior to the start of the applicable Laycan, Customer shall nominate to Owner a 10-day window for such Laycan, which Customer shall narrow to a 7-day Laycan at least 21 days prior to the start of such Laycan.

• For the avoidance of doubt, the final 7-day Laycan must be within the foregoing 10-day window.

• Customer shall nominate the final performing Vessel for Shipments to be loaded by Owner at least 10 days before the first day of the applicable Laycan.

More Definitions of Laycan

Laycan has the meaning set forth in the relevant Confirmation.

Laycan means laydays/cancelling; a period of time agreed with RBCT that corresponds to 10 (ten) calendar days, during which a vessel should tender a valid NOR for loading, in line with these Shipping Regulations notwithstanding the requirements of cl. 4.7, a vessel shall have arrived during her laycan if the time of vessel's arrival at the port as recorded by the Port Authority falls on a layday

Laycan means laydays/cancelling; a period of time agreed between the User and RBCT which corresponds to 10 (ten) calendar days, during which a Vessel should tender a valid Notice of Readiness (NOR) for loading, in line with these Shipping Regulations. Notwithstanding the requirements of Regulations 4.5 and 4.7, a Vessel shall have arrived during her Laycan if the time of the Vessel's arrival at the port as recorded by the Port Authority falls on a layday;

Laycan means the period of time, as specified by the Authority in the Call-off Contract, within which the Supplier is permitted to commence loading or discharging of the Fuel, such loading or discharging to be completed within the Maximum Permitted Laytime. Unless otherwise specified, Laycan shall commence at 00:00 (local time) on the first day of the Laycan and cease at 23:59 (local time) on the last day of the Laycan. Commencement of the Maximum Permitted Laytime within the agreed Laycan may be subject to local restrictions as detailed in the Statement of Requirement.

Laycan means the period of time in which a vessel must arrive at the port of loading defined by an end and start date.

Laycan means the period of time in days during which a scheduled vessel must discharge cargo;

Laycan means laydays/cancelling; a period of time agreed with RBCT that corresponds to 10 (ten) calendar days, during which a vessel should tender a valid NOR for loading, in line with these Shipping Regulations