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Tanker Chartering
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This tanker chartering masterclass will establish the fundamental principles of various charterparty forms and lay the foundation for chartering practices in the liquid bulk markets including:
- Commonly used standard tanker forms such as Asbatankvoy and Shelltime 4
- Fixing the charter and knowing when is a binding contract made and in what terms
- Negotiating fixtures between brokers
- Understanding what ‘subjects’ are and their legal effect
- Delivery against bills of lading and letters of indemnity
- Charterparty indemnity clauses
- Safe ports and safe berths, force majeure, war and terrorism
- Delivery, final voyage and redelivery in time charters
- The nature of hire and off-hire for time charters
- Laytime, demurrage and the importance notice of readiness
- The principle of “once on demurrage, always on demurrage” and the rare exceptions
- Incorporation of charterparty clauses into bills of lading
Who Should Attend
- Tanker shipowners and charterers
- Traders
- Ship brokers
- Marine insurance and P&I personnel
- Maritime lawyers and in-house legal advisers
- Claims and cargo handlers
- Surveyors
- Salvage and recovery agents
International Course Director
Professor Martin Davies, Member,
INTERTANKO Documentary Committee
Martin is the Director of the Maritime Law Center in Tulane University Law School, USA and has over 20 years practical experience as a Consultant in maritime matters and general international litigation and arbitration. He is a member of the Intertanko team that presents the tanker chartering seminar every year.
Download
- Terms & Conditions
- CFS Application Form
- MCF & CFS Claim Form
