Course description
An intensive and thorough five-day programme providing a comprehensive overview of the sale and purchase of new and second-hand ships including multi-media presentations, discussion sessions, workshops, group activities and practical case examples. Topics explored will include: ship types and maritime geography relevant to the S&P market; ship registration and classification; markets and the parties involved; negotiation, contracts and documentation; ship valuation, finance and insurance; and legal aspects of sale and purchase.
Upcoming start dates
Outcome / Qualification etc.
- Articipants will be taught by hand-picked industry experts who have built a career out of solving complicated issues related to sale and purchase of ships.
- They will share valuable experiences and point participants toward practical solutions which can be used directly on the job.
- The course will also facilitate networking between international shipping peers and enable long-term relationships between the participants.
Training Course Content
Introduction - ship types and classification
- Overview of the maritime industry and its stakeholders
- Importance of ship sale and purchase in the industry
- Different types of ships and their characteristics
legal framework
- International conventions and regulations related to ship sale and purchase
- Contracts and agreements used in ship transactions (e.g., Memorandum of Agreement, Sale and Purchase Agreement)
Ship Valuation and Due Diligence
- Methods and approaches for ship valuation
- Factors influencing ship valuation (e.g., age, condition, market demand)
- Importance of due diligence in ship sale and purchase
- Technical and legal aspects of due diligence process
Financing and Insurance:
- Financing options for ship acquisition
- Marine insurance and risk management
Delivery and Flagging:
- Transfer of ownership and registration procedures
- Flagging options and associated considerations
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London Maritime Academy
London Maritime Academy provides a wide range of maritime training courses tailored to the global industry. Located in London and known for international standards, we offer diverse Classroom and Online courses taught by highly experienced experts in the maritime sector....