Laytime means the amount of time that a charterer has to load a vessel before the vessel is deemed to be on Demurrage.
Laytime means the time allowed to Seller for the loading of Murban on board a Vessel at the Terminal, as calculated in accordance with and further detailed by the ADNOC GTCs;
Laytime means a period of time determined pursuant to clause 3.8.1 of chapter IV, which shall commence in accordance with clauses IV.3.2 through IV.3.4. [“Tempo di Stallia” in the Italian text]
Examples of Laytime in a sentence
Laytime for the voyage to Kakinada Port will be on account of Buyer.
More Definitions of Laytime
Laytime means time allowed to the Seller for loading crude oil at loading terminal as per Article 9.8.
Laytime means time allowed to unload / discharge the cargo from mother Vessel. It shall be determined by dividing the quantity agreed to be unloaded from the Vessel by the unloading rates guaranteed by Buyer.
Laytime means the period of time agreed for loading vessels in accordance with the loading rates stipulated in these Regulations;
Laytime means the time allowed for the vessel’s cargo to be loaded /discharged without incurring demurrage (36 + 36 hours).
Laytime means the time allowed to Seller for the loading of each Shipment of Sulphur on board a Vessel, or the time allowed to Buyer for the unloading of Sulphur from a Vessel (as the case may be), as calculated in accordance with this Contract.
Laytime means the time allowed to the Seller for loading (determined pursuant to Section 7) or the time allowed to the Buyer for discharge (determined pursuant to Section 16), or as provided for in the Special Provisions as the case may be;