Charter party messages and market reports sometimes refer to a “laycan” or “lay/can” period. What is this?

“Laycan” is a contraction of “laydays and cancelling date”. For example, a laycan or lay/can (abbreviation: L/C) of “18/22 Jan” would mean that the first layday is 18 January, and the final layday, or cancelling date, is 22 January.

What do you think?

138 Points
Upvote Downvote

Written by Ship Inspection

Leave a Reply

What provisions does a Cancelling Clause in a voyage charter party usually contain?

What is the cancelling date?