Course description
The Chartership Course is designed to illuminate the dual nature of charter party agreements within the global maritime and shipping sectors. Participants will gain a profound understanding of the vibrant market for cargo carriage, exploring its competitive nature and the various structures, challenges, and vulnerabilities involved.
The course provides an exceptional opportunity to learn about the complexities of ship chartering and shipbroking, offering insights into the opportunities and constraints within this field. Delegates will explore various topics, from contracts of carriage at sea to the specifics of tanker and dry bulk chartering. Emphasis is placed on practical skills, such as demurrage and dispatch calculations, as well as the legal aspects of shipping, including the Hague-Visby rules and cargo claims. Real-life case studies enhance learning, fostering a deep, practical understanding of the subject.
This course will equip delegates with the knowledge and skills necessary to navigate the multifaceted world of maritime chartering. They will emerge with the ability to make informed decisions, understand the nuances of various charter types, and handle the complexities of cargo insurance and contract negotiations.
Upcoming start dates
Outcome / Qualification etc.
Chartership Training Course aims to:
- Equip attendees with comprehensive knowledge of ship chartering and shipbroking practices.
- Provide a deep understanding of the commercial shipping environment, including the dynamics of ship chartering.
- Develop advanced analytical thinking for effective decision-making strategies in ship chartering.
- Foster a range of transferable, subject-specific, and core skills valuable in future research and professional maritime careers.
- Enhance understanding of demurrage, dispatch calculations, and related procedures.
Upon completing this course, delegates will:
- Demonstrate a thorough understanding of ship chartering concepts and practices.
- Address and resolve diverse shipping chartering problems.
- Differentiate between tanker and dry cargo chartering practices.
- Conduct relevant ship chartering calculations and analyses.
Training Course Content
Introduction to Ship Chartering
- Overview of Ships and Shipping Markets
- Exploring Ship Chartering Alternatives
- Contracts of Carriage at Sea: Time, Voyage, and Bareboat Charters
Chartering Markets and Practices
- Tanker and Dry Bulk Chartering Market Practices
- Understanding Dry Cargo Ship Tonnages, Load Lines, Dimensions, and Cargo
- Laytime, Demurrage, and Despatch Calculations
Legal Aspects in Shipping
- The Role of Bill of Lading and Cargo Claims
- Navigating Hague Visby Rules
- Cargo Retention Clauses and Prejudice Cases
- Importance of Exercising Due Diligence
Case Study Seminar Day
- General and Particular Averages in Maritime Shipping
- Strategies for Cargo Damage Control and Compensation Claims
- Invoking Defences and Understanding Cargo Retention Clauses
- Limitation of Liability in Shipping
Comprehensive Overview of Cargo Insurance and Contracts
- The Role of P&I Clubs in Maritime Shipping
- Understanding CIF & FOB Contracts
- Assessing Fitness to Load and Avoiding Cargo Claims
- Final Discussions and Course Closure
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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....