ShipCalculators.com

Laytime Used

Laytime used = arrival to completion minus excepted periods. Compare against CP-allowed laytime to determine demurrage/despatch.

CharteringLaytime
Laytime used
104.00h
Over/(under) laytime
32.00h
Status
On demurrage by 32.0 h

Formula, assumptions, and limits

Used=Total−Turn time−Excepted\text{Used} = \text{Total} - \text{Turn time} - \text{Excepted}
SymbolMeaningUnit
TotalTotalClock time from NOR to completionh
TurntimeTurn timeExcluded period per CP (typ 6 h)h
ExceptedExceptedSHEX, rain, weather suspensionh

Source: BIMCO - Voylayrules 93

In short

Laytime used = arrival to completion minus excepted periods.

Learn the theory Laytime: Voyage Charter Time Accounting