Course Info

Date: Jan-27-2025

Length: 6 Days

City: Dubai

Fees: 5,850

Type: In Classroom

Available Dates

  • Jan-27-2025

    Dubai

  • Feb-24-2025

    Dubai

  • Mar-24-2025

    Dubai

  • Apr-28-2025

    Dubai

  • May-26-2025

    Dubai

  • June-23-2025

    Dubai

  • July-28-2025

    Dubai

  • Aug-25-2025

    Dubai

  • Sep-22-2025

    Dubai

  • Oct-27-2025

    Dubai

  • Nov-24-2025

    Dubai

  • Dec-22-2025

    Dubai

Dates in Other Venues

  • Dec-09-2024

    Hamburg

  • Dec-16-2024

    Athens

  • Jan-06-2025

    Istanbul

  • Jan-06-2025

    Rotterdam

  • Jan-13-2025

    Hamburg

  • Jan-13-2025

    Athens

  • Jan-20-2025

    London

  • Feb-03-2025

    Istanbul

  • Feb-03-2025

    Rotterdam

  • Feb-10-2025

    Athens

  • Feb-10-2025

    Hamburg

  • Feb-17-2025

    London

  • Mar-03-2025

    Rotterdam

  • Mar-03-2025

    Istanbul

  • Mar-10-2025

    Athens

  • Mar-10-2025

    Hamburg

  • Mar-17-2025

    London

  • Apr-07-2025

    Rotterdam

  • Apr-07-2025

    Istanbul

  • Apr-14-2025

    Athens

  • Apr-14-2025

    Hamburg

  • Apr-21-2025

    London

  • May-05-2025

    Istanbul

  • May-05-2025

    Rotterdam

  • May-12-2025

    Hamburg

  • May-12-2025

    Athens

  • May-19-2025

    London

  • June-02-2025

    Rotterdam

  • June-02-2025

    Istanbul

  • June-16-2025

    Athens

  • June-16-2025

    Hamburg

  • June-23-2025

    London

  • June-30-2025

    Rotterdam

  • June-30-2025

    Istanbul

  • July-07-2025

    Rotterdam

  • July-07-2025

    Istanbul

  • July-14-2025

    Hamburg

  • July-14-2025

    Athens

  • July-21-2025

    London

  • Aug-04-2025

    Istanbul

  • Aug-04-2025

    Rotterdam

  • Aug-11-2025

    Athens

  • Aug-11-2025

    Hamburg

  • Aug-18-2025

    London

  • Sep-01-2025

    Rotterdam

  • Sep-01-2025

    Istanbul

  • Sep-08-2025

    Athens

  • Sep-08-2025

    Hamburg

  • Sep-15-2025

    London

  • Sep-29-2025

    Rotterdam

  • Sep-29-2025

    Istanbul

  • Oct-06-2025

    Rotterdam

  • Oct-06-2025

    Istanbul

  • Oct-13-2025

    Athens

  • Oct-13-2025

    Hamburg

  • Oct-20-2025

    London

  • Nov-03-2025

    Istanbul

  • Nov-03-2025

    Rotterdam

  • Nov-10-2025

    Hamburg

  • Nov-10-2025

    Athens

  • Nov-17-2025

    London

  • Dec-01-2025

    Istanbul

  • Dec-01-2025

    Rotterdam

  • Dec-08-2025

    Hamburg

  • Dec-08-2025

    Athens

  • Dec-15-2025

    London

  • Dec-29-2025

    Istanbul

  • Dec-29-2025

    Rotterdam

Course Details

Course Outline

6 days course

Introduction to (SSP), Market Dynamics, and Ship Types

  • Understanding the Significance of Ship Sale and Purchase in the maritime industry
  • Market Dynamics: Cyclical and volatile nature, factors influencing market trends
  • Different Types of Ships and Their Characteristics
  • Classification Societies and Their Role in Ship Classification
  • Key Parties Involved in Sale and Purchase Transactions
  • International Conventions and Regulations Related to Ship Sale and Purchase

The Shipbroker, Formation of the Sale and Purchase Contract, and Commercial Aspects

  • The Role of Shipbrokers in Sale and Purchase Transactions
  • Shipbroker's Duties and Responsibilities
  • Formation of Sale and Purchase Contracts: Negotiation and Documentation
  • Commercial Aspects of Sale and Purchase: Negotiation Skills and Strategies
  • Practical Exercises: Simulating Sale and Purchase Negotiations

Ship Valuation, Due Diligence, and Documentation, Memorandum of Agreement

  • Methods and Approaches for Ship Valuation
  • Importance of Due Diligence in Ship Sale and Purchase
  • Technical and Legal Aspects of Due Diligence Process
  • Memorandum of Agreement (MOA): Purpose and Structure
  • Detailed Vessel Descriptions and Specifications
  • Pricing Negotiations and Considerations
  • Inspections and Due Diligence in Sale and Purchase

MOA, Documentation, Physical Condition, and Dispute Resolution

  • MOA: Delivery Terms and Conditions
  • Required Documentation for a Smooth Sale and Purchase Transaction
  • Evaluating the Physical Condition of the Vessel
  • Dispute Resolution Choices in Sale and Purchase Contracts

Further Contract Terms, Different Forms of Ship Sale, and Environmental Responsibility

  • Additional Contract Terms and Clauses in Sale and Purchase Agreements
  • Exploring Different Forms of Ship Sale: Newbuildings, Secondhand, and Demolition Sales
  • Managing Difficulties and Challenges in Sale and Purchase Transactions
  • Performance Guarantees and Considerations

Financing, Insurance

  • Financing Options for Ship Acquisition
  • Marine Insurance and Risk Management

Flagging and Registration

  • Flagging Options and Associated Considerations
  • Transfer of Ownership and Registration Procedures

Course Video