Despatch: ATS vs AWTS comparison
Compare despatch payable under 'all time saved' (ATS) vs 'all working time saved' (AWTS) conventions. The two methods can differ substantially when significant time has been excluded from laytime.
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Formula, assumptions, and limits
| Symbol | Meaning | Unit |
|---|---|---|
| Laytime allowed | h | |
| Clock hours commencement to completion | h | |
| Hours excluded from counted laytime | h | |
| Despatch rate per day | USD/d |
Source: John Schofield, Laytime and Demurrage, 8th ed
In short
Side-by-side despatch payable under all time saved vs all working time saved.