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Q6.

A vessel is to discharge at the rate of 800 tons per running day and freight is
payable at the rate of $ 16 per ton on quantity delivered or on B/L weight less 2% in
lieu of weighing, at receives option. The consignee opts not to have the cargo
weighted out, and the B/Ls were signed for a total of 6750 tons 25% of the chartered
freight was paid in advance at the loading port. Demurrage, if incurred, is payable at $
3000 per day and pro rata and dispatch money is payable for all time saved at half the
demurrage rate. Lay days are to commence 24 hours after notice of readiness is
accepted or when discharging begins, which is earlier. notice was accepted at 11:30am
on Tuesday 14th October and discharging commenced at 4 pm on the same day. Work
went on continuously day and night, except for the period from the midnight on
Saturday 18th October until 7 am on Monday 20th October when no work was done.
Discharging was completed at 5:45 pm on Tuesday 21th October.
Prepare a lay time statement and calculate the amount of each due to the ship at the
discharging port.

𝟔𝟕𝟓𝟎 𝐭𝐨𝐧𝐬
Answer: laytime = 8.4375 d. = 8 d 10.5 hrs.
𝟖𝟎𝟎 𝐭

Day Date Remarks Hours to Total Time Time on


Count Counted Dispatch
H M D H M D H M
Tuesday 14 NOR tendered 1130 disch. 8 00 0 8 00
Started 4 pm
Wednesday 15 Discharging 24 00 1 8 00
Thursday 16 Discharging 24 00 2 8 00
Friday 17 Discharging 24 00 3 8 00
Saturday 18 Discharging 24 00 4 8 00
Sunday 19 No work 24 00 5 8 00
Monday 20 No work till 0700 24 00 6 8 00
Tuesday 21 Comp. 5.45 pm 7 8 45
1 8 45

The vessel has been dispatched early by 1d 8h 45m Allowed Laytime 8d 10h 30m
Rate of dispatch is $ 50% of demurrage rate or $ 1500 used Laytime 7d 01h 45m
i.e. $2046.875 Dispatched 1d 08h 45m

Now,
Freight earned = $ 16 x 6750 t = $ 108000
Less 2% $ 2160
Freight Net $ 105840
Advance paid $ 27000

HSNA. LUCKNOW
Balance $ 78840
Less dispatch money $ 2046.875
Balance to pay to ship at discharging Port $ 76793.125

Answer To pay to ship at discharging port $ 76793.125

HSNA. LUCKNOW

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