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Professional Training

Understanding the Bill of Lading

London Maritime Academy, In London (+5 locations)
Length
1 week
Price
5,300 - 5,600 GBP excl. VAT
Next course start
18 November, 2024 (+4 start dates)
Course delivery
Classroom
Length
1 week
Price
5,300 - 5,600 GBP excl. VAT
Next course start
18 November, 2024 (+4 start dates)
Course delivery
Classroom
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Course description

In the intricate and dynamic world of maritime transport, the Bill of Lading (B/L) emerges as an essential document pivotal to successful cargo carriage by sea. This course offers a deep dive into the complexities and fundamental importance of the Bill of Lading, positioning it at the heart of sea freight operations. Delegates will be guided through the multifaceted landscape of documentation prevalent in sea cargo carriage, emphasising the various types of Bill of Lading and their critical roles.

The course delves into the diverse and competitive nature of cargo booking and freight rate fluctuations, which are integral to the shipping industry. Participants will gain a comprehensive understanding of the structures, challenges, and potential vulnerabilities involved in maritime cargo transport. The curriculum is designed to illuminate the strategies for navigating these complexities, ensuring safe and efficient cargo transfer.

This course is an essential stepping stone for professionals looking to deepen their understanding of maritime transport documentation, particularly the Bill of Lading, and to develop the skills necessary to navigate the competitive and complex world of cargo carriage at sea.

Upcoming start dates

Choose between 4 start dates

18 November, 2024

  • Classroom
  • Hamburg

2 December, 2024

  • Classroom
  • London

9 December, 2024

  • Classroom
  • Rotterdam

16 December, 2024

  • Classroom
  • Istanbul

Outcome / Qualification etc.

After finishing “Understanding the Bill of Lading course”, participants will:

  • Gain extensive insights into the different types of Bills of Lading and their significance in maritime transport.
  • Develop a robust understanding of the commercial shipping environment, including ship chartering opportunities and limitations.
  • Enhance decision-making skills in choosing the most suitable Bill of Lading types and the underlying principles of ship chartering.
  • Acquire detailed knowledge about demurrage, dispatch calculations, and associated procedures.
  • Understand the intricacies of contractual lay times and how to fulfil these contractual obligations in maritime transport.

Training Course Content

Introduction to Shipping Markets and Bill of Lading Types

  • Dynamics of Vibrant Shipping Markets
  • Understanding Various Bill of Lading Types
  • Exploring Contracts of Carriage at Sea
  • Detailed Analysis of Time, Voyage, and Bareboat Charters:

Time charter – Ideal B/L Type
Voyage charter – Ideal B/L Type
Bareboat charter- Ideal B/L Type

Specialized Shipping Documents and Calculations

  • Documentation for Tankers and Gas Carriers
  • The Role of Seaway Bills
  • Laytime, Demurrage, and Despatch: Calculations and Procedures
  • Digital Innovations: Electronic B/Ls and Online Signatures
  • Master’s Responsibilities and Safe Port Procedures

Legal Aspects and Cargo Claims in Maritime Transport

  • Navigating through Bill of Lading and Cargo Claims
  • Understanding Hague Visby Rules
  • Cargo Retention Clauses and Prejudice Cases
  • The Importance of Exercising Due Diligence

Case Study Seminar Day

  • Issuing a Transferable B/L
  • Ownership of cargo on Passage
  • Bank Letters of Indemnity and Their Implications
  • Dealing with General and Particular Averages
  • Strategies for Cargo Damage Control and Compensation Claims

Insurance and Stakeholder Interests in Maritime Shipping

  • Comprehensive Overview of Cargo Insurance
  • The Role of P&I Clubs
  • Issuing and Managing Clean Bills of Lading
  • Inserting remarks in a B/L 
  • Shippers Interests
  • Carriers Interests
  • Consignee Interests
  • Final Discussions and Course Closure

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London Maritime Academy
25 North Row
W1k 6DJ London

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....

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