Laytime / Demurrage - Days & USD
Laytime used vs allowed and demurrage payable from days-on-demurrage at the charter-party daily rate - the fundamental charter calculation.
Demurrage - load
1.200days
Demurrage - disch
0.000days
Total demurrage
1.200days
Demurrage payable
26,400USD
Formula, assumptions, and limits
CP may use reversible laytime (load+discharge combined) - saved time at load offsets demurrage at discharge. Check NOR tendering rules and laytime-counting exceptions per CP.
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| Laytime allowed per CP | days | charter party | |
| Actual laytime used | days | SOF | |
| Demurrage rate | USD/day | CP fixture |