Laytime and Demurrage: A Comparative Perspective

Foreword
Introduction
Part I The influence of Anglo-American law on charterparty interpretation under Norwegian law
1. Introduction and Methods of interpretation that may lead to the application of foreign law
2. A critical assessment of key premises for the adoption of various interpretative methods of Anglo-American law and Certain interpretrational complexities arising from the adoption of English law into Norwegian law

Part II Risk and risk allocation in general
3. Introduction and Risk allocation – core concepts and principles
4. A closer look at the principles governing risk allocation in selected types of contracts and Risk-allocation issues where circumstances prevent the vessel from being put at the charterer's disposal

Part III The legal nature of laytime - risk allocation during the stage of loading operations
5. Introduction, The nature of laytime – some starting points and a closer look at the relationship between background rules of law and the contract
On laytime and concurrent hindrances in particular
Exeeding of laytime – the legal nature of demurrage
6. Risk allocation during time on demurrage
7. The relationship between laytime-related risks and remedies for breach of contract: claims for damages by the carrier in addition to demurrage
The relationship between laytime-related risks and remedies for breach of contract: the parties' right to terminate the contract in the event of significant delay
Concluding thoughts

Part IV Commencement of laytime – the transfer of risk
8. Introduction and The vessel's geographical arrival and the transfer of risk
9. Defects, rectification of defects and transfer of risk
10. General discussion of the ship's physical readiness – defects and hindrances to performance
11. Formal requirements and the transfer of risk and Concluding reflections Concluding remarks