@ holedriller
LAYCAN, is a fixed time frame where the owner/operator of a ship has to tender the vessel (have it ready to load) to the charterer. Most laycans have a 5-7 days period. If the laycan says 02-07 July than the owner suppose to have his ship ready at a beforehand agreed position. Most of the time ,arrival pilot station at the load port, but also for example
passing Key West Florida straits en route to load port, or passing Stait of Gibraltar for example.
Some C/P,s (Charty Party)have also clauses that the owners can tender NOR before the laycan starts and then the charterer has the option to take the ship earlier or not but has to start paying once laycan official starts.
When the vessel arrives at the agreed position, then the Master has to tender the so-called Notice of Readiness (NOR) which means nothing else then declaring the ship ready to load the intended cargo. NOR,s are also tendered at arrival discharge port.
In container business NOR,s are usually not done anymore. In the bulk and tanker business it is common practice.