{"@context":"https://schema.org","@type":"DefinedTerm","name":"Laycan Period in Chartering (Laydays/Canceling)","description":"When a charter party is negotiated, the laycan period is one of the first commercial terms fixed, as it defines the window within which the vessel must present herself at the loading port ready to load. «Laycan» combines «laydays» – the earliest date the charterer is obliged to accept the vessel – and «canceling» – the latest date by which the ship must arrive. Should the vessel miss the canceling date, the charterer may cancel the charter without liability; the shipowner bears the delay risk en","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/laycan-period-in-chartering-laydayscanceling","inLanguage":"en","dateModified":"2026-06-25T14:18:01.060195","citation":"https://www.marineinsight.com/glossary/laycan/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/laycan-period-in-chartering-laydayscanceling","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Laycan Period in Chartering (Laydays/Canceling) · When a charter party is negotiated, the laycan period is one of the first commercial terms fixed, as it defines the window within which the vessel must present herself at the loading port ready to load. · Quelle: https://www.marineinsight.com/glossary/laycan/"}