Description

This course is an essential guide for practitioners in private practice and in-house for ship owners and cargo houses. It is a first point of reference for anyone looking to obtain an understanding of chartering and shipbroking practice. It provides hands-on, commercially-focused explanations of chartering business and invaluable advice on how the shipping market operates across a broad range of topics. It also deals with the legal, financial, operational and managerial aspects of chartering, offering numerous case studies which clearly link theory to practice.

Program

MBA

Objectives

• The objective of this course is to reflect the current trends in chartering practice, legal developments and standard forms of charter parties. Enriched with practical examples covering crucial aspects of chartering and shipbroking business. It also discusses shipping marketing and expanded coverage of the economic background of chartering. Finally, an updated review of well-known standard charterparty documents together with clauses and wordings commonly applying to various charter types. Upon completion of this course, students should be able to: • Estimate charter rates and state of the freight. • Realize chartering business and ship management. • Explain chartering policy and marketing. • Develop sales contract, carriage of goods by sea and bill of lading. • Comprehend charter forms and chartering routines. • Be aware with the basic legal knowledge on charterparties. • Understand common charterparty clauses and concepts.