Convert elapsed hours into counted laytime under SHEX or SHINC.
Formula
$$ \text{Counted}_{\text{SHEX}} = \text{Elapsed} - \text{Weekend} $$
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $Elapsed$ | Clock hours NOR-acceptance to completion | h | SoF |
| $Weekend$ | Hours on Sundays and statutory holidays | h | Calendar |
| $SHEX$ | Sundays and Holidays Excluded convention | - | Charter party |
| $SHINC$ | Sundays and Holidays Included convention | - | Charter party |
Sources
- BIMCO LAYTIMEDEFS 2013.