Compute total elapsed and net laytime hours from a list of port events.
Formula
$$ \text{Net} = \text{Elapsed} - \text{Turn} - \text{Excluded} $$
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $Elapsed$ | Total clock hours from NOR-acceptance to completion | h | SoF |
| $Turn$ | Turn-time grace per CP (typ 6 h) | h | CP |
| $Excluded$ | SHEX, weather, breakdown, shifting hours | h | SoF |
Sources
- BIMCO SOF 2014 / LAYTIMEDEFS 2013.