Reversible laytime calculator
Pool the laytime allowed at load and discharge ports into a single combined allowance, and compare against combined time used to determine demurrage or despatch on a reversible basis.
Combined allowed
120.00h
Combined used
99.50h
Net (negative = saved, positive = exceeded)
-20.50h
Formula
If net < 0: charterer earns despatch on the saving. If net > 0: charterer pays demurrage on the excess. See the reversible laytime article.