How do you lay a vessel?
‘Hot Lay up’ and ‘Cold Lay up’ are two common techniques of laying up the vessels. During a Hot Lay-up, the vessel is out of service but can be mobilised into service at a short notice. Whereas in cold lay up, the vessel is moored or anchored at a safe place, awaiting newer employment / charter.
What does it mean to lay up?
transitive verb. 1 : to store up : lay by. 2 : to disable or confine with illness or injury a knee injury laid him up for a week. 3 : to take out of active service.
What is a warm lay up?
A warm lay up option has vessel crewing reduced, and routine maintenance reduced while essential machinery is kept in operation. The timeline scenario for a warm lay up is for a period of up to 12 months out of service. Finally, a more extreme measure may be a cold lay up, with a ship out of service for several years.
What is cool lay up Manning?
The crew level will be below specified by the ship’s minimum safe manning operation, but still sufficient to satisfy maintenance and security requirements. …
What does it mean to lay up a vessel?
To lay-up a vessel means to stop using it for a certain period. It will simply be anchored in appropriate waters. The reasons for lay-up might be to wait for a better scrap price or to deactivate the vessel due to over-capacities with the intention of activating it again later.
How long is a vessel out of service in a hot lay up?
Hot Lay Up :This lay-up condition is normally appropriate for up to 12 months out of commission. Cold Lay Up: In cold lay-up condition the vessel is taken out of service for a period exceeding 12 months and may be up to five years
When do you decide to lay up a ship?
When deciding on whether to lay-up a ship, commercial considerations such as the time and cost needed for reactivation of the ship, as well as its age and value, need to be taken into account by the owner.
What are the guidelines for laying up vessels?
In order to efficiently lay up a vessel the shipowner will decide on the likely period of inactivity, the need to reduce overhead costs, the extent of reduction in manning and possible locations. There will be other commercial considerations including the time and cost needed for reactivation and the age and value of the ship.
