Shipbroking and Chartering
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Course Details
Introduction
Objective
Who should attend
Course Location
Shipbrokers are the key to a transaction between a ship owner and the shippers of cargo.
The broker is involved in many stages of a deal: presenting the business to potential clients, negotiating the main terms of a contract, finalising the details of the contract and following the deal through. Brokers provide clients with market intelligence and advice.
Charterparties are one of the key contracts used by brokers in the shipping industry – an industry worth billions of dollars. They are complex and detailed contracts, and using the
Course Outline
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