ABSTRACT
Laytime is probably a shortened version of lying alongside time. 1.11 In The Johanna Oldendorff,2 Lord Diplock divided the adventure contemplated by
a voyage charter into four successive stages. These are: (1) The loading or approach voyage, viz. the voyage of the vessel from wherever
she is at the date of the charterparty or the conclusion of her previous fixture, if that is later, to the place specified as the place of loading.
