SHIPPING MANAGEMENT ADVANCED DIPLOMA
SHIPBROKING & CHARTERED VESSEL OPERATIONS
and their activities and then followed by detailed study of the documents and practice of chartering in the world's markets. It is the intention of this course to extend the student’s knowledge and understanding of the chartering field and make you a ‘Master’ in chartering ships for special transportation requirement of projects or business operational needs in international shipping logistics and ocean freight.
COURSE OBJECTIVES:
The objective of the Advanced Diploma Course in Shipbroking & Chartered Chartering and Ship Broking is to enable Vessel Operations participants to better negotiate charter parties, have insight to make strategic decisions on COURSE OVERVIEW: chartering and to be at an advantage when negotiating chartering contracts. Shipping may sound like an easy business, but The course will provide the students with a in reality, it is a highly complex industry with comprehensive sketch of the concepts, principles several factors that can create massive peak to and practice which underpin the commercial trough movements in stock prices. The rapid employment of ships under charter rise then fall of the freight markets have arrangements. On completing the course, the exposed owners, disponent owners and knowledge and expertise gained will help the charterers to hire payment defaults in the participants to reach senior management charter party chain. One of the most important positions in leading companies within the factors is the chartering strategy for a given industry and to be recognized as ‘Chartering company which explain why chartering has a experts’ among their peers. very prominent place in the shipping industry and plays an important role in world trade. COMPLIANCE WITH REGULATIONS: This course involves comprehending, analysing Lloyd’s Maritime Institute is an accredited training and evaluating the processes and practices institution by the International Association of which bring shipowners and cargo owners Marine and Shipping Professionals. The LMI together in a contractual relationship for methodology and tools are based upon long-term carrying cargo. These processes are extremely experience in development of training programs and best practices while ensuring compliance with broad and brings about relationships with a maritime codes, conventions and regulations in the variety of people with varying levels of shipping industry. experience from the many different aspects of This course is intended to facilitate access to the shipping. knowledge and skills demanded by increasingly As you will see from the course outline, these sophisticated maritime technology, it is also many aspects of chartering are presented in a designed to meet the requirements of: logical format, you will examines the roles of Chartering policies and Shipping strategies in dry ship owner, Charterer, Broker and Institutions bulk and tanker markets.
SHIPPING MANAGEMENT ADVANCED DIPLOMA
COURSE OUTLINE: • Overview Of Commercial Shipping Tramp Ship Chartering Lay Time Calculations • Lay Time Calculations • Liner Shipping • Liner Companies And Conferences • Scheduling, Routing, And Bunkering Voyage Estimating
• Politics And Organizations
Introduction to Shipping DURATION: Unit SM001 • 52 Hours
INTRODUCTION: In this unit we will provide an overview of the shipping industry. It defines and describes all aspects of shipping, the personnel who work in it, the history behind it and touches on the financial side of the industry. It aims to educate and inform newcomers to shipping and those whose jobs require a basic grasp of how the industry works.
COURSE OUTLINE: • Introduction
• Key Concepts
• Ship Selection, Purchase And Breaking Dry Cargo Trading and Chartering Unit SM010 • Ship Management INTRODUCTION: • Conventions, Codes And Certificates In this unit we will provide sets out to ensure that a conscientious reader will finish up with a thorough basic • Flag States Class And Insurance knowledge of this specialized sector of ship broking. It
explains in detail the commodities involved, their carriage DURATION: requirements and the vessels serving this market. • 52 Hours The unit covers in depth the role of those participating in the market – the Charters, Shipowners, Operators and Brokers – as well as the freight markets themselves and their documentation, charter parties, bills of lading, letters of credit, etc. The mechanics of offers and counter-offers are dealt with as well as warnings regarding the dangers of fraud and unethical practices. Close attention is paid to aspects of freights and hires, with extensive explanation of how to perform laytime calculations and voyage estimates.
COURSE OUTLINE: • Dry Cargo Ships
• Tonnages, Loadlines, Diemnsions And Cargoes Commercial Shipping • Freight Markets And Market Practice Unit SM002 • Chartering Contracts
• Financial Elements Of Charter Parties INTRODUCTION: • Laytime Many industries own their own fleets to carry their cargo, • Voyage Estimating but others prefer to hire vessels rather than invest in them. • Bills Of Loading And Cargo Claims There are two basic types of commercial shipping: tramp • World Trades shipping and liner shipping. In both types, shipowners • Disputes And Professional Indemnity
charge clients fees for the use of their vessels, but they serve different markets. There are important differences in DURATION: the way they operate. • 52 Hours
SHIPPING MANAGEMENT ADVANCED DIPLOMA
Our awards are internationally recognized as you can see from our LinkedIn alumni page,
the institute is an Associate Member of Tanker Chartering and Operations BIMCO and is recognized by the leading Unit SM011 organizations such as IAMSA, NAMS Global, INTRODUCTION: INTERCARGO and IAMSP. This in-depth unit introduces you to the fascinating world of tanker chartering providing a step-by-step guide to the current methods of the tanker chartering market.
COURSE OUTLINE: • History And Development • Geography For Tanker Chartering • The Market Structure • Voyage Estimating • Chartering Market Practice • Tanker Voyage Charter Parties • Tanker Time Charters • Tanker Laytime • Financial Elements Of Tanker Charter Parties • Organisations In The Tanker Industry
DURATION: • 52 Hours
Full details for courses provided by Lloyd’s Maritime Institute can be found at www.lloydmaritime.com