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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
NOR status
Valid - laytime starts per CP grace
Action required
Record tender time on SoF

Formula, assumptions, and limits

Valid=Arrived∧Ready∧Channel∧Hours\text{Valid} = \text{Arrived} \land \text{Ready} \land \text{Channel} \land \text{Hours}
SymbolMeaningUnit
ArrivedArrivedVessel at contractual pointbool
ReadyReadyPhysical readiness (holds, gear, free pratique)bool
ChannelChannelTendered through prescribed channelbool
HoursHoursTendered within prescribed office hoursbool

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