Tanker Chartering, Laytime and Demurrage.Indd

Home , Chartering (shipping)

Learn Anywhere, Learn Anytime Catering to meet all your learning needs: • Face To Face • Live Online Training • On-site & Customised Training Tanker Chartering, Laytime and Demurrage

July 2021 5Part Course Parts will commence at 08:30 and end at 13:00 (SGT). There will be short breaks during eachch course Part.Part. Series Part 1: 1st July Part 2: 2rd July Part 3: 5th July Part 4: 6th July Partt 5: 7thth JulyJuly 2+1 Offer!

See registration page for details!

Delivered in Live Online Training Format

Professor Martin Davies, Member INTERTANKO Documentary Committee Course Martin is the Director of the Maritime Law Center in Tulane University Law School, USA and has over 20 years practical experience as a Consultant in Director maritime matters and general international litigation and arbitration. He is a member of the Intertanko team that presents the tanker chartering seminar every year.

Key Learning Outcomes & Case Studies Include

Commonly used standard tanker forms such Safe ports and safe berths, force majeure, war as Asbatankvoy and Shelltime 4 and terrorism Fixing the charter and knowing when is a Delivery, ﬁnal voyage and redelivery in time binding contract made and in what terms charters Negotiating ﬁxtures between brokers The nature of hire and off-hire for time charters Understanding what ‘subjects’ are and their Laytime, demurrage and the importance notice legal effect of readiness Delivery against bills of lading and letters of The principle of “once on demurrage, always on indemnity demurrage” and the rare exceptions Charterparty indemnity clauses Incorporation of charterparty clauses into bills of lading

REGISTER NOW> www.informaconnect.com.sg/tankerchartering Tanker Chartering, Laytime and Demurrage July 2021 5Part Series Course Parts will commence at 08:30 and end at 13:00 (SGT). There will be short breaks during each course Part. Part 1: 1st July Part 2: 2rd July Part 3: 5th July Part 4: 6th July Part 5: 7th July

ABOUT THE COURSE EXPERT COURSE INSTRUCTOR Tanker Chartering, Laytime and Demurrage is a 5-modules Professor Martin Davies comprehensive masterclass that offers an indepth analysis Member on the contractual and legal framework behind quality tanker INTERTANKO Documentary Committee operations and an assessment of the tools necessary to Maritime Law and Director of the manage these contracts in today’s highly volatile shipping Maritime Law Center, Tulane University market. Law School, USA; Consultant to Norton Rose Fulbright, an international law ﬁrm. This course will cover common issues in tanker chartering and will provide practical case studies, insights and remedies to Martin Davies is author (and co-author) of text books on these issues.This course is especially relevant for those who maritime law, international trade law, conflict of laws, and the law of torts. He has taught maritime law at universities deal in tanker chartering and operations in their daily work such in the United States, Australia, China, Singapore and Italy. as shipowners, charterers, shipbrokers, traders, P&I personnel, He frequently speaks at conferences and seminars around claims and cargo handlers, and maritime lawyers. the world. He also has extensive practical experience as a consultant in maritime matters and general international litigation and arbitration. WHO WILL BENEFIT Martin has advised on cargo claims, arrest and admiralty • Tanker shipowners and charterers matters, drafting bills of lading, sea waybills and charterparties, collisions and limitation of liability, oil pollution, salvage, marine • Traders insurance, maritime arbitrations and international sale of goods. He is a member of the Documentary Committee of • Ship brokers Intertanko.

• Marine insurance and P&I personnel

• Maritime lawyers and in-house legal advisers WHAT PAST PARTICIPANTS SAID “The presentation was really well prepared and the trainer • Claims and cargo handlers kept the atmosphere fun & inspiring. Interesting mix of • Surveyors participants” Account Manager, Wartsila Singapore Pte • Salvage and recovery agents “There are quite a lot of case studies to explore different perspectives and participants’ opinions. Professor Davies showed a lot of true, practical events as examples, enabling Learn Anywhere, Learn Anytime our improved understanding of the tanker business market, notices of readiness” Catering to meet all your learning needs: Planner, Sumitomo Chemical Asia Pte

• Get high quality practical training from our expert instructors Would You Like To Run This Course On-Site? • From Face To Face, Online and Blended Learning, get a superior solution for your learning needs Informa Corporate Learning: • Learn live online in an interactive environment On-site & Customised Training • Invest in yourself. Invest in your team. If you have 8+ interested people, an onsite course can be an ideal solution. Speak with Anton Long or Holly Baldwin on Register today for our Live Online Training courses and ﬁ nd out how +65 6508 2897 to discuss your customised learning solution, or they can help you transform the way you work. Contact one of our training consultants on [email protected] to ﬁ nd out more. email [email protected]

Book online Book over the phone Book via email Book via WhatsApp www.informaconnect.com.sg/tankerchartering +65 6973 3567 [email protected] +65 9756 9273 Tanker Chartering, Laytime and Demurrage July 2021 5Part Series Course Parts will commence at 08:30 and end at 13:00 (SGT). There will be short breaks during each course Part. Part 1: 1st July Part 2: 2rd July Part 3: 5th July Part 4: 6th July Part 5: 7th July

• Module Commencement: 8:30am (SGT) Timing is based in Singapore Time (GMT+8) unless otherwise stated. These timing schedules act as a guide and may be modiﬁed slightly on the depth of class discussion and whether assessments are being • Module Conclusion: 1:00pm (SGT) conducted. 5-Modules Course Syllabus • Demurrage, loss, damages & other expenses MODULE 1 • Inspections and certiﬁcation FIXING THE CHARTER (TV) • Crew wellbeing & crew change • When is a binding contract made and in what terms? • Bills of Lading • Negotiations between brokers • The legal effect of “subjects” MODULE 3 • The difference between qualifying the intention to be bound CONDITION AND DESCRIPTION OF THE VESSEL (T) from qualifying the obligation to perform • Vetting clauses, inspections, SIRE

SAFE PORTS, SAFE BERTHS (TV) DURATION OF THE CHARTER, DELIVERY AND • The elements of the legal deﬁnition of safety REDELIVERY (T) • The nature of the obligation: absolute warranty or due • Overlap/underlap and the concept of the legitimate last diligence? voyage • The consequences of unsafety • Damages for late redelivery • Extending beyond the voyage beyond the ﬁnal terminal date FREEZING INJUNCTION COMPARED WITH SHIP • Adding off-hire periods to the period of the charter ARREST • The main differences CASE STUDY SESSION 3: • What to use when CASE STUDY ON CONDITION OF THE VESSEL UNDER TIME • Limitations and advantages of each CHARTER CASE STUDY SESSION 1: CASE STUDY ON SAFE PORT AND ASSESSMENT OF DAMAGES TANKER FREIGHT RATES UPDATES

FLOATING STORAGE – PRACTICAL CONSIDERATIONS MODULE 2 • Contractual issues with voyage and time charterparties “Waiting for charterers’ order” & demurrage FORCE MAJEURE, WAR AND TERRORISM (TV) • Precautionary measures and P&I coverage • War risk clauses Vessel surveys • Force majeure clauses Cargo quantities, loading/discharging • ISPS Code clauses Cargo degradation, loss • The effect of not providing for changed circumstances • Storage clauses

DELIVERY: BILLS OF LADING, LETTERS OF INDEMNITY, Intertanko, BIMCO clauses Hull fouling CHARTERPARTY INDEMNITY CLAUSES (TV) • The consequences of delivering without presentation of Bunkering

original bills of lading Charterers’ indemnity for loss, damage & delays

• Methods of protection against those consequences Bill of lading

• The risks faced, despite the methods of protection Contract for carriage • Allocation of those risks MODULE 4 CASE STUDY SESSION 2: HIRE AND OFF-HIRE (T) CASE STUDIES ON PIRACY AND DELIVERY WITHOUT ORIGINAL • When are deductions from hire permitted? BILLS OF LADING • Withdrawal for non-payment of hire and the effect of “antitechnicality” COVID-19 IMPACTS ON EXISTING CHARTER CONTRACTS • Clauses • Force majeure/contract frustration • Different types of off-hire clauses: • Charterers’ rights, owners’ rights • Period clauses v. net loss of time clauses • Particular issues with Time/Voyage charters Vessel off-hire, quarantine CASE STUDY SESSION 4: Delayed free pratique, WIFPON CASE STUDY ON WITHDRAWAL FOR NON PAYMENT OF HIRE Ship sanitation certiﬁcate (SSC) AND ANTI-TECHNICALITY CLAUSES • SIRE/CDI Inspection cancellation & liability • Compliance with time bar provision MODULE 5 • Quarantine provision • General Exceptions/Force Majeure Provisions Comparison LAYTIME AND DEMURRAGE (V) • Laytime & demurrage provision • When can a ship give effective notice of readiness (NOR)? • Covid-19 Vetting Inspection Clauses • Cancelling for late arrival: the lay/can period • Exceptions to the running of laytime and demurrage COVID-19 VOYAGE CHARTERS (INTERTANKO • Is it true that “once on demurrage, always on demurrage”? ‘CORONAVIRUS’ CLAUSE) VS TIME CHARTERPARTIES • Safe port, safe berth CASE STUDY SESSION 5: • Load & discharges CASE STUDIES ON LAYTIME AND DEMURRAGE • Free pratique

4 Easy Ways to Register Telephone Fax 1 Customer Service Hotline +65 6973 3567 3 +65 6508 2407

Email Web 2 [email protected] 4 www.informaconnect.com.sg/tankerchartering Tanker Chartering, Laytime and Demurrage

Course Code Location Course Parts Month Standard Price Group Discount

Great Savings: P21GT38SGV Live Online Training All 5 Parts July 2021 SGD 3,516 Register 2 and third attends free Call us today on +65 6973 3567 or email [email protected] to take advantage of the discount offer.

A 7% Goods & Services Tax (GST) is applicable to all Singapore based companies. Delegate 1 Details Delegate 2 Details Name: Dr/Mr/Ms Name: Dr/Mr/Ms Job Title: Job Title: Department Department Tel: Mobile No.: Tel: Mobile No.: Email: Email: Delegate 3 Details Delegate 4 Details Name: Dr/Mr/Ms Name: Dr/Mr/Ms Job Title: Job Title: Department Department Tel: Mobile No.: Tel: Mobile No.: Email: Email:

Who is Head of your Department? Who is Head of Training? Company Information Company Name: | Main Business/Activity: Address: | Postal Code: Please photocopy for additional delegates Please photocopy Payment Method (Please tick:) CREDIT CARD PAYMENTS The best way to pay by credit card is through our secure on-line registration process, simply log on to the website at ❑ I enclose my bankers draft / cheque payable to IBC Asia (S) Pte Ltd www.informaconnect.com.sg/tankerchartering and click “Register On-line”. If you would prefer to pay over the phone please ❑ I am paying by bank transfer (copy attached) complete the contact name and details and our Customer Services Team will call within 24 hours to take payment. As we treat your credit card information in the strictest conﬁdence, please do not send payment details by email. ❑ Payment by Credit Card. (AMEX, VISA or MasterCard accepted) Credit card contact: Department: Direct phone number: Email:

PAYMENT TERMS CANCELLATIONS / SUBSTITUTION Payment must be received 10 business days prior to the event. To take advantage of discounts with Should you be unable to attend, a substitute delegate is welcome at no extra charge. Cancellations must be received in an expiry date, registration and payment must be received by the cut-off date. writing at least 10 business days before the start of the event, to receive a refund less 10% processing fee per registration. The company regrets that no refund will be made available for cancellation notiﬁcations received less than 10 business • Payment by bankers draft or cheque in S$ or US$ should be made in favour of “IBC Asia (S) Pte days before the event. Ltd” and mailed to: IBC Asia (S) Pte Ltd IMPORTANT NOTE c/o Informa Regional Business Services 103 Penang Road, Visioncrest Commercial #04-01, Singapore 238467 Please quote the name of the delegate, event title and invoice number on the advice when remitting payment. Bank charges Attn: The Accounts Receivable Team are to be deducted from participating organisations own accounts. Please fax your payment details (copy of remittance advice, cheque or draft to +65 6508 2407). • Payment by bank transfer in S$ or US$ made payable to: Attendance will only be permitted upon receipt of full payment. Participants wishing to register at the door are responsible to IBC Asia (S) Pte Ltd ensure all details are as published. Informa Connect Singapore assumes no further liability or obligation, beyond the refund A/C No.:147-059513-001 (S$) of the paid registration fee, in the event of postponement or cancellation by Informa Connect Singapore. A/C No.:260-457866-178 (US$) The Hongkong and Shanghai Banking Corporation Limited 21 Collyer Quay, HSBC Building Singapore 049320 DATA PROTECTION Bank Swift Code: HSBCSGSG The personal information entered during your registration/order or provided by you will be held on database and may be Bank Code: 7232 shared with companies in the Informa Group in the UK and internationally. Occasionally, your details may be obtained from or shared with external companies who wish to communicate with you offers related to your business activities. If you do not • Payment by Credit Card (AMEX, VISA or MasterCard). The best way to pay by credit card is wish your details to be used for this purpose please contact our Database Department at Email: [email protected], through our secure portal built into the website. To pay by phone please indicate the contact Tel: +65 6508 2400 or Fax:+65 6508 2408. name and details below and our Customer Services Team will call within 24 hours to take payment. Please do not send credit card information by email.

Book online Book over the phone Book via email Book via WhatsApp www.informaconnect.com.sg/tankerchartering +65 6973 3567 [email protected] +65 9756 9273