Sample result

Example Laytime Calculation

This is an example result from a Statement of Facts and charter party. Run the same analysis on your own documents — the AI extracts the terms, you review, and you get a result like this in minutes.

Want this for your own SOF and charter party?

MV NORTHERN STAR · Santos · Soybeans

Calculated

Prepared for: Neutral / party unconfirmed

Demurrage USD 33,125

1.1042 days over laytime × USD 30,000/day

Time allowed

3.00 days

72.00 h

Time used

4.10 days

98.50 h · 137% of allowed

Demurrage rate

USD 30,000/day

What drives the time used

  1. Loading resumed; loading completed13 Mar 04:00 – 14 Mar 02:3038.50 h
  2. Loading soybeans11 Mar 08:00 – 12 Mar 20:0036.00 h
  3. Waiting for berth (counts as laytime)10 Mar 14:00 – 11 Mar 08:0018.00 h
Timeline
Periods from the SOF and how each counts. Open a row for the reason and the source line where recorded.
DetailsWhenActivityCounts?Laytime (h)
10 Mar 08:00 → 10 Mar 14:00
6h
NOR tendered; waiting for berthCounts
6.00
10 Mar 14:00 → 11 Mar 08:00
18h
Waiting for berth (counts as laytime)Counts
18.00
11 Mar 08:00 → 12 Mar 20:00
1d 12h
Loading soybeansCounts
36.00
12 Mar 20:00 → 13 Mar 04:00
8h
Rain stoppage (non-counting, WWD)—
0.00
13 Mar 04:00 → 14 Mar 02:30
22h 30m
Loading resumed; loading completedCounts
38.50
Contract terms

From your charter party. Where a value was changed, the value the calculation used is shown beneath it.

Cargo & rates

Approx. cargo quantity
55000
Loading rate
—
Discharge rate
—
Demurrage rate
30000
Despatch rate
15000

Time

Notice period (hours)
6
Laytime commencement trigger
—
Completion definition
—
Laytime conditions
—

Conditions & exceptions

Demurrage conditions
—
Interruptions & exceptions
—