Courses
1. Business of Shipping – 14-17 December 2008, Dubai International Convention & Exhibition Centre
2. Tanker Chartering Master Class – 18-21 January 2009, Dubai
1. Business of Shipping
Four day course – 14-17 December 08, Dubai International Convention & Exhibition Centre
Being an expert in one field is no longer enough – an awareness of the whole business is essential. Environmental issues impact economics. Political shifts open up threats and opportunities. Changes in law, finance, marketing, energy and technology all create fresh challenges.
For those needing the big picture, whether through changing roles, entering the shipping industry for the first time or as a refresher, the 'Business of Shipping' intensive three day course provides the answers.
Over View
Please note: this programme may be subject to alterations
- Introduction to the Shipping Players and Markets
- International Institutions and their /role in Shipping
Finance and Ship Acquisition
- Principles of Ship Finance
- The Shipbuilding Market
- Hedging Risks for Shipping companies
Technical Ship Management
- Maintenance and Repair
- Fuel Issues
- Flag of Registry
Commercial Ship Management
- Ship Management
- Crewing
- The Role of the Classification in Shipping
- Sale and Purchase Markets
Insurance and Law
- Marine Hull & Machinery Insurance
- Protection and Indemnity Mutual Insurance
- Commercial Law: Charter Parties and Bills of Lading
Liner Shipping and the Container Market
- Liner Shipping and the Container Trades
- Container Hardware and Opertional Logistics
Bulk Shipping Markets
- Documents of Chartering for the Bulk Trades
- Tramp Shipping and Vessel Employment
- Dry Bulk Shipping
- The Tanker Market
- Post Fixture Operations
- Future Development of World Seaborne Trade
2. Tanker Chartering Master Class
Four day seminar – 18-21 January 2009, Majestic Hotel, Bur Dubai
Individuals working in the oil freight markets have a duty to deliver a professional service to their principals. Bad freight decisions may change a company's profitability, but a wrong chartering decision could bankrupt a company and may lead to charges of corporate negligence against senior management.
The seminar will expose participants to the skills required of a chartering executive, including preparation, negotiating, voyage planning, voyage estimating, post fixture operations and laytime calculating.
General Overview
Please note: this programme may be subject to alterations.
Introduction
- The Tanker Industry Today: Ships and Trade Flows
- Key Features of Crude and Products Markets
- International Institutions and Regulations for Tankers
- Development of the Tanker Market and Fleet
- Nature of Crude Oil and Oil Products
- Cargo Characteristics and the Choice of Carrying Vessel
- Key Events Shaping the Industry
Tanker Chartering Issues
- Environmental Concerns and Regulatory Controls
- Growing Impact of Trading Tanker Forward Freight Agreements (FFAs)
Regulations
- Double-hull Tankers
- ISM Code
- Erica and Prestige Casualties and the EU Response
- Accelerated Phase-out of Single-Hull Tankers
Negotiating Techniques
- Negotiation Principles and the Position of Owner and Charterer
- Negiotiating Terminology
- How the Tanker MarketWorks
Voyage Estimating
- The Worldscale System
- Tips and Tricks in using Worldscale
- Identifying Revenues and Costs for Voyage Estimating
- Route Determination, Backhauls and Vessel Re-Positioning
Key Concepts of Charter Parties and Bills of Lading
- Important Clauses versus Negotiable Clauses
- Payment; Performance and Duration Commitments
- Functions of Bills of Lading
- Letters of Idemnity
- Special Clauses used in the Oil Trades
- Resolving Disputes: Jurisdiction, Litigation and Arbitration
Post Fixture
- Laytime and Demurrage Principles
- Commencement and Exceptions Clauses
- Pumping Clauses
- Claims: Cargo Losses and Contamination