Laycan Explained

What laycan means and how it affects shipping contracts.

Overview

Definition

Laycan is the time window during which a vessel must arrive at the loading port. Missing this window can cancel the contract.

Why it matters

Laycan directly impacts scheduling, availability and commercial risk in shipping operations.

Key Terms

Related pages

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Quick examples

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MV PACIFIC STAR / 58kdwt / del Singapore prompt / redely N China / 50k mt coal / $13,500 pd

MT ASIA ENERGY / 105kdwt / del AGulf / redely Singapore / cpp / ws 120

MV STRAITS VOYAGER / 63kdwt / del Singapore-Jakarta range / redely Vietnam / 55k mt grains / $14,200 pd