diff --git a/repos/base-hw/src/core/include/kernel/clock.h b/repos/base-hw/src/core/include/kernel/clock.h
index cd2bd812e..e4e412376 100644
--- a/repos/base-hw/src/core/include/kernel/clock.h
+++ b/repos/base-hw/src/core/include/kernel/clock.h
@@ -39,8 +39,9 @@ class Kernel::Timeout : public Genode::List<Timeout>::Element
 	private:
 
 		bool   _listed = false;
-		time_t _start  = 0;
-		time_t _end    = 0;
+		time_t _start;
+		time_t _end;
+		bool   _end_period;
 
 	public:
 
@@ -62,12 +63,11 @@ class Kernel::Clock
 		unsigned const        _cpu_id;
 		Timer * const         _timer;
 		time_t                _time = 0;
-		Genode::List<Timeout> _timeout_list;
+		bool                  _time_period = false;
+		Genode::List<Timeout> _timeout_list[2];
 		time_t                _last_timeout_duration = 0;
 
-		void _insert_timeout(Timeout * const timeout);
-
-		void _remove_timeout(Timeout * const timeout);
+		bool _time_overflow(time_t const duration) const;
 
 	public:
 
diff --git a/repos/base-hw/src/core/kernel/clock.cc b/repos/base-hw/src/core/kernel/clock.cc
index fd048963f..4678a63ef 100644
--- a/repos/base-hw/src/core/kernel/clock.cc
+++ b/repos/base-hw/src/core/kernel/clock.cc
@@ -13,31 +13,11 @@
 
 /* Core includes */
 #include <kernel/clock.h>
+#include <assert.h>
 
 using namespace Kernel;
 
 
-void Clock::_insert_timeout(Timeout * const timeout)
-{
-	/* timeouts may get re-inserted as result of an update */
-	if (timeout->_listed) { _timeout_list.remove(timeout); }
-	timeout->_listed = true;
-
-	/* timeouts are ordered ascending according to their end time */
-	Timeout * t1 = 0;
-	Timeout * t2 = _timeout_list.first();
-	for (; t2 && t2->_end < timeout->_end; t1 = t2, t2 = t2->next()) ;
-	_timeout_list.insert(timeout, t1);
-}
-
-
-void Clock::_remove_timeout(Timeout * const timeout)
-{
-	timeout->_listed = false;
-	_timeout_list.remove(timeout);
-}
-
-
 time_t Clock::us_to_tics(time_t const us) const
 {
 	return _timer->us_to_tics(us);
@@ -57,17 +37,51 @@ time_t Clock::timeout_max_us() const
 }
 
 
+bool Clock::_time_overflow(time_t const duration) const
+{
+	return duration > ~(time_t)0 - _time;
+}
+
+
 void Clock::set_timeout(Timeout * const timeout, time_t const duration)
 {
-	timeout->_start = _time;
-	timeout->_end   = _time + duration;
-	_insert_timeout(timeout);
+	/*
+	 * Remove timeout if it is already in use. Timeouts may get overridden as
+	 * result of an update.
+	 */
+	if (timeout->_listed) {
+		_timeout_list[timeout->_end_period].remove(timeout);
+	} else {
+		timeout->_listed = true; }
+
+	/* set timeout parameters */
+	timeout->_start      = _time;
+	timeout->_end        = _time + duration;
+	timeout->_end_period = _time_overflow(duration) ? !_time_period :
+	                                                   _time_period;
+
+	/*
+	 * Insert timeout. Timeouts are ordered ascending according to their end
+	 * time to be able to quickly determine the nearest timeout.
+	 */
+	Genode::List<Timeout> & list = _timeout_list[timeout->_end_period];
+	Timeout * t1 = 0;
+	for (Timeout * t2 = list.first(); t2 && t2->_end < timeout->_end;
+	     t1 = t2, t2 = t2->next()) { }
+
+	list.insert(timeout, t1);
 }
 
 
 void Clock::schedule_timeout()
 {
-	Timeout const * const timeout = _timeout_list.first();
+	/* get the timeout with the nearest end time */
+	Timeout * timeout = _timeout_list[_time_period].first();
+	if (!timeout) {
+		timeout = _timeout_list[!_time_period].first();
+		assert(timeout);
+	}
+	/* install timeout at timer hardware */
 	time_t const duration = (time_t)timeout->_end - _time;
 	_last_timeout_duration = duration;
 	_timer->start_one_shot(duration, _cpu_id);
@@ -76,20 +90,47 @@ void Clock::schedule_timeout()
 
 time_t Clock::update_time()
 {
-	/* update time */
+	/* determine how much time has passed */
 	time_t const old_value = _last_timeout_duration;
 	time_t const new_value = _timer->value(_cpu_id);
 	time_t const duration  = old_value > new_value ? old_value - new_value : 1;
+
+	/* is this the end of the current period? */
+	if (_time_overflow(duration)) {
+
+		/* flush all timeouts of current period */
+		Genode::List<Timeout> & list = _timeout_list[_time_period];
+		while (true) {
+			Timeout * const timeout = list.first();
+			if (!timeout) { break; }
+			list.remove(timeout);
+			timeout->_listed = false;
+			timeout->timeout_triggered();
+		}
+		/* switch to next period */
+		_time_period = !_time_period;
+
+	}
+	/* update time */
 	_time += duration;
 	return duration;
 }
 
+
 void Clock::process_timeouts()
 {
+	/*
+	 * Walk through timeouts until the first whose end time is in the future.
+	 * Consider only the current periods list as all timeouts of the next
+	 * period must be in the future.
+	 */
+	Genode::List<Timeout> & list = _timeout_list[_time_period];
 	while (true) {
-		Timeout * const timeout = _timeout_list.first();
-		if (!timeout || timeout->_end > _time) { break; }
-		_remove_timeout(timeout);
+		Timeout * const timeout = list.first();
+		if (!timeout) { break; }
+		if (timeout->_end > _time) { break; }
+		list.remove(timeout);
+		timeout->_listed = false;
 		timeout->timeout_triggered();
 	}
 }