NOR validity check

Check whether a Notice of Readiness is valid against the three principal conditions: arrival at the contractual point, physical readiness in all respects, and tendering through the prescribed channel within prescribed hours.

CharteringNORLaytime

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This calculator requires JavaScript to compute its result. The formula, symbols, and regulatory sources are shown in the Formula section below.

Formula, assumptions, and limits

\text{Valid} = \text{Arrived} \land \text{Ready} \land \text{Channel} \land \text{Hours}

Symbol	Meaning	Unit
$Arrived$	Vessel at contractual point	bool
$Ready$	Physical readiness (holds, gear, free pratique)	bool
$Channel$	Tendered through prescribed channel	bool
$Hours$	Tendered within prescribed office hours	bool

Source: BIMCO LAYTIMEDEFS 2013

In short

Confirm whether a Notice of Readiness is valid under the four principal conditions.

Learn the theory Laytime: Voyage Charter Time Accounting