Concept
Notice of Readiness (NOR)
A Notice of Readiness is the master's formal notice that the vessel has arrived and is ready in all respects to load or discharge. A valid, accepted NOR is the trigger that starts laytime; an invalid or premature NOR can delay commencement by days.
norlaytimeconcept
Source: LayGrounded reference. General reference information about a standard charter-party form — not legal advice.