Vessels Notice of Readiness Lightering and Calculation of Laytime Sample Clauses

The 'Vessels: Notice of Readiness, Lightering and Calculation of Laytime' clause defines the procedures and requirements for a vessel to declare its readiness to load or discharge cargo, including any lightering operations, and sets out how laytime—the period allowed for these operations—is calculated. In practice, this clause specifies when and how the vessel must notify the charterer or receiver that it is ready, what documentation or conditions must be met for the notice to be valid, and how time spent on lightering (transferring cargo between vessels) is treated in the laytime calculation. Its core function is to ensure both parties have a clear, agreed-upon process for starting laytime and accounting for any lightering, thereby reducing disputes and allocating responsibility for delays.
Vessels Notice of Readiness Lightering and Calculation of Laytime 
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