All time saved

GLOSSARY

ATS (All time saved)

All time saved (ATS). If the charterparty does not specify which description of time attracts despatch, it is presumed that despatch will be payable for all time saved.

What is ATS(All time saved)?

In this situation, the time saved to the vessel will be from the completion of loading and/or discharging until the expiry of the allowed laytime and will include periods which would normally be exceptions to laytime. This differs from despatch payable for “all working time saved”.

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