Key takeaways
- Check whether despatch is agreed at all.
- Establish which saved time qualifies under the wording.
Start with the entitlement question
A worksheet should not contain a despatch formula simply because the software offers one. First identify the clause that provides for payment and the definition of qualifying time saved. Then use the event record to test the calculation.
- Record the applicable despatch wording and agreed rate.
- Reconcile the allowed time with the counted time used.
- Explain the saved-time basis and any disputed intervals.
For a cargo completed ahead of an operational estimate, compare performance with the contractual allowance. Beating an internal forecast and saving qualifying contractual time are different observations.
Common mistakes
Do not assume that despatch is always calculated at a particular fraction of demurrage. Do not apply a generic calendar subtraction without checking the agreed saved-time wording. Keep the calculation open to qualified review where interpretation is uncertain.
Where Zeaclub fits
Zeaclub supports agentic, AI-assisted operations with a human in control.
Zeaclub provides a multi-party shared workspace for owners, charterers, brokers and port agents.
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Educational information only; not legal, financial or trading advice. Contract wording and applicable rules control. Verify current requirements and obtain qualified advice before acting.
Frequently asked questions
Is despatch automatic after a quick port call?
No. The charter must provide for it on the relevant basis.
Is despatch simply negative demurrage?
That shortcut can obscure different entitlement and counting provisions.
Which rate belongs in the calculation?
Use the rate agreed for despatch in the particular contract.
What evidence should be retained?
The relevant clause, allowance calculation and records showing completion and counted time.