Shipbroking and Chartering

Course Info

Length: 1 Week

City: Athens

Type: In Classroom

Available Dates

  • Nov-11-2024

    Athens

Dates in Other Venues

  • Oct-28-2024

    Dubai

  • Nov-04-2024

    London

  • Nov-11-2024

    Hamburg

  • Nov-25-2024

    Istanbul

  • Nov-25-2024

    Rotterdam

  • Dec-30-2024

    Dubai

Course Details

Course Outline

5 days course

Introduction, Market Context and Broking

  • What is a charterparty?
  • Types of charterparty
  • Commercial context of charterparties
  • Examples of charterparties used in different trades
  • Key issues of contract law as applicable to charterparties
  • Broker’s role in negotiating and fixing charterparties

Time Charterparties I – Introduction and Owners’ Issues

  • Trade ‘jargon’ and abbreviations
  • Owners and time charterers – who are they?
  • Main features of a time charterparty
  • Routing and due despatch
  • Description of the vessel
  • Seaworthiness and maintenance
  • Delivery obligations
  • Customary assistance
  • Bunkers – supply and liability issues
  • Obligations to cargo interests

Time Charterparties II – Charterer Issues

  • Hire
  • Failure to pay hire – owners’ remedies
  • Cargo loading/discharge and description
  • Use and employment of vessel and indemnity
  • Cargo claims – Interclub Agreement

Voyage Charterparties I – Introduction and Owners’ Obligations

  • What is a voyage charterparty?
  • Commercial context
  • Stages of the charterparty
  • Vessel description
  • Expected ready to load/eta
  • Seaworthiness
  • Hague Visby Rules
  • Owners’ lien on cargo

Voyage Charterparties III – Laytime and Demurrage

  • What is laytime?
  • Starting laytime
  • Exceptions to laytime
  • General exceptions
  • Demurrage and despatch
  • Laytime calculations
  • Charterers’ defences

Course Video