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Laytime - NOR Tendering

Contents

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NOR (Notice of Readiness) valid tendering - ship must be at the agreed place, ready in all respects, within office hours.

Formula

$$ \text{NOR valid} \Leftrightarrow \text{arrived + ready + office hrs} $$

Symbol legend

SymbolMeaningUnitSource
$NOR$Notice of Readiness-BIMCO Voylayrules

Sources

  • BIMCO Laytime Definitions 2013.