International Business House

International Business House is the trusted global provider of business intelligence through conferences and training to the world’s leading OIL & GAS businesses.







VIRTUAL COURSE: Understanding the Notice of Readiness (NOR) and how it can affect the bottom line.

10 August, 2021

What has the Notice of Readiness ever done for me? 

It’s an interesting question and one that this one-day online course will answer for you. 

Whether an owner or charterer the Notice of Readiness (NOR) holds the key to either ensuring you maximise your demurrage income as an owner or minimize your demurrage exposure and overhead as a charterer. So, if you have any doubts about this, then this course is for you. It is designed to appeal and be of value and interest to owners, charterers, brokers, agents, suppliers and receivers relying on tanker shipping of bulk liquids. 

During the day, our lecturer will take you through the reasons for the NOR, why getting it right is so important and getting it wrong can be so financially damaging. You will be guided through the pitfalls that affect the amount of demurrage the NOR can generate, and take a detailed look at key court judgements that have determined when a NOR may or may not be valid and/or effective. Interaction with delegates and delegate exercises will be a feature of this course. 

Those who propose to attend are recommended to request a hardcopy of the course slides in advance, as these will assist with notetaking and retention of the extensive detail this course contains.    

Further Questions:  

For further information please contact education department:
International Business House
Tel:+44 (0) 207 183 4507
Fax:  +44 (0) 207 504 8225


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