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P52237 Shipbroking and Chartering
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Shipbroking and Chartering

7 – 8 May 2018, Mandarin Orchard Hotel, Singapore

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TEAM SAVINGS: REGISTER 2 DELEGATES & THE 3RD COMES FREE!
MCF TRAINING GRANT IS AVAILABLE FOR ELIGIBLE PARTICIPANTS.
PLEASE REFER TO WWW.MPA.GOV.SG/MCF FOR INFORMATION.

overview

Key Learning Outcomes

  • Understand the types of charter and the commercial, technical and financial obligations of owners and charterers
  • Discuss dry and wet cargo charterparty obligations and know who is responsible for what
  • Know the relevance of Hague / Hague-Visby /
  • Hamburg / Rotterdam Rules and the advantages and disadvantages of each
  • Appreciate the role of port agents and their vital functions and obligations
  • Understand the role of shipbrokers – for owners or charterers and the best methods of fixing ships and cargoes
  • Analyse what can go wrong with wet or dry cargo chartering and how to prevent them
  • Learn practical voyage estimating, its importance and how it affects laytime calculations
  • Mediation, litigation and arbitration – know which will work for your dispute resolution

Who Should Attend

  • Shipowners
  • Charterers including Importers, Exporters and Traders
  • Ship Managers
  • Port and ship agents
  • Shipbrokers
  • Freight forwarders
  • Legal advisers
  • Government bodies and representatives
  • Banks

trainer

Jeffrey Blum

Agenda

DAY ONE

VESSEL EMPLOYMENT METHODS ~ VOYAGE AND TIME CHARTERING

  • Types of charter
  • Commercial / Financial / technical responsibilities of owners and charterers

DRY AND WET CARGO CHARTER PARTY OBLIGATIONS

  • Who is responsible for what
  • How dry cargo problems differ from tanker cargo problems

HAGUE / HAGUE-VISBY / HAMBURG / ROTTERDAM RULES

  • History and relevance or irrelevance of each set of rules
  • Advantages and disadvantages of application of each set of rules
  • Why the Hamburg Rules have a small following
  • Why the Rotterdam Rules are not yet in force

BILLS OF LADING

  • Main functions
  • Endorsement
  • Charter Parties
  • Letters of Credit / UCP 500 v UCP 600

THE ROLE OF PORT AGENTS

  • Vital functions and obligations ~ to whom and why
  • Less essential (but nevertheless important) obligations
  • Agency Law

THE ROLE OF SHIPBROKERS

  • Why brokers for Owners or Charterers
  • Exclusive or Direct or Competitive
  • International shipbroking markets
  • How to negotiate
  • How not to negotiate
  • The marriage bureau ~ best methods of fixing ships and Cargoes

DAY TWO

CARGOES AND TROUBLES!

  • What can go wrong and why ~ dry cargoes
  • What can go wrong and why ~ wet cargoes
  • How to prevent such problems
  • Bills of Lading and Letters of Indemnity

VOYAGE ESTIMATING

  • Theory ~ why it is important
  • Practice ~ how it affects Laytime calculations

LAYTIME AND DEMURRAGE ~ THEORY AND WORKED CALCULATIONS

  • Theory
  • Which documents are essential and why
  • How to use and abuse those documents
  • Readiness of the vessel
  • When the clock starts to tick
  • Exceptions and Interruptions
  • Dry cargo laytime examples
  • Tanker laytime examples

DISPUTE RESOLUTION METHODS

  • Mediation, Litigation, or Arbitration? Why?
  • Personnel involved with each of these methods
  • Likely costs of each of these methods
  • Binding? Precedence?
  • Enforcement of international awards, including New York Convention 1958

when & where

07 - 08 May 2018

Mandarin Orchard Singapore, by Meritus
333 Orchard Road, Singapore 238867
Tel: +65 6831 6062 | Fax: +65 6737 3130
Mobile No.: +65 8298 9442
Contact Person: Tan Ai Li
Email: aili.tan@meritushotels.com
Website: www.meritushotels.com

On-site & in-house training

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