Tanker Chartering, Laytime and Demurrage

Home , Chartering (shipping)

Tanker Chartering, Maritime Training Academy Laytime and Demurrage 5 Modules 20-24 July 2020 | 8:30am-1pm (SGT) | Live Online Learning 2+1 Offer!

See registration page for details!

Delivered in Live Online Learning 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/tanker-chartering Tanker Chartering, Laytime and Demurrage

5 Modules 20-24 July 2020 | 8:30am-1pm (SGT) | Live Online Learning

WHY LIVE ONLINE LEARNING ABOUT THE COURSE Tanker Chartering, Laytime and Demurrage is a 5-modules The current Covid-19 pandemic has put strains on various comprehensive masterclass that offers an indepth analysis on the areas of business, especially when it comes to deriving contractual and legal framework behind quality tanker operations commercial value from new initiatives. During this phase of and an assessment of the tools necessary to manage these self-isolation and working from home, we can help you meet contracts in today’s highly volatile shipping market. your professional development needs and you can still take your professional development plans to the next level. This course will cover common issues in tanker chartering and To support your learning goals we have converted our will provide practical case studies, insights and remedies to these face-to-face trainings to LIVE Online Sessions. This way you issues.This course is especially relevant for those who deal in tanker can continue to attend live and interactive training sessions chartering and operations in their daily work such as shipowners, within the virtual classroom space where you can see and charterers, shipbrokers, traders, P&I personnel, claims and cargo speak, with your Subject Matter Expert and other participants. handlers, and maritime lawyers. • Progress through the course with fellow participants as you would in a classroom EXPERT COURSE INSTRUCTOR • 20% price advantage, plus travel budget savings Professor Martin Davies • Controlled environment with speaker managing the Q&A Member and discussions INTERTANKO Documentary Committee • Module based approach to help manage your time Maritime Law and Director of the Maritime Law • Earn your Digital Certiﬁcation and broadcast your Center, Tulane University Law School, USA; achievements to your peer Consultant to Norton Rose Fulbright, an international law ﬁrm.

Trainer/Participant Interaction Martin Davies is author (and co-author) of text books on • Conduct Q&A with course directors in real time maritime law, international trade law, conflict of laws, and • Interactive format including breakouts, group discussions, the law of torts. He has taught maritime law at universities real-time collaborative exercises and sharing of results in the United States, Australia, China, Singapore and Italy. He frequently speaks at conferences and seminars around • Engage in live tests & polling, get immediate results and the world. He also has extensive practical experience as a evaluations consultant in maritime matters and general international • Chat with your fellow participants with text messages or litigation and arbitration. by voice Martin has advised on cargo claims, arrest and admiralty • Follow online presentations or whiteboards in real-time matters, drafting bills of lading, sea waybills and charterparties, • Virtually “raise hand” to put forward Q&As with trainers collisions and limitation of liability, oil pollution, salvage, marine • Seamlessly receive case studies, video, documents insurance, maritime arbitrations and international sale of goods. He is a member of the Documentary Committee of Learning Platform Intertanko. GoToTraining WHAT PAST PARTICIPANTS SAID Hardware/Software Requirements “The presentation was really well prepared and the trainer kept the • Desktop or mobile device manufactured no earlier than atmosphere fun & inspiring. Interesting mix of participants” 2016 Raymond Ho, Account Manager, Wartsila Singapore Pte • WiFi Connection, Cable or Fibre Broadband with minimum 1 Mbps of bandwidth available “There are quite a lot of case studies to explore different perspectives and participants’ opinions. Professor Davies showed • A USB headset with microphone, or a microphone and a lot of true, practical events as examples, enabling our improved speakers built into your device understanding of the tanker business market, notices of readiness” Jaslyn Ho, Planner, Sumitomo Chemical Asia Pte Participant Onboarding 1. Book a demo here: https://www.goto.com/training “The course director was very well prepared. The programme 2.Alternatively, request a personal onboarding session with offered not just a comprehensive set of different countries’ laws but more importantly the examples. Case studies are wellupdated” Informa (only for conﬁrmed participants) by contacting: Andrea Tassam, Chartering and Fleet Operations Manager, [email protected] Wellard Ships Pte

Book online Book over the phone Book via email www.informaconnect.com.sg/tanker-chartering +65 650 82476 [email protected] Maritime Training Academy Tanker Chartering, Laytime and Demurrage

5 Modules 20-24 July 2020 | 8:30am-1pm (SGT) | Live Online Learning

• 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-Module 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 CHARTERPARTY INDEMNITY CLAUSES (TV) Hull fouling •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

Book online Book over the phone Book via email www.informaconnect.com.sg/tanker-chartering +65 650 82476 [email protected] Maritime Training Academy Tanker Chartering, Laytime and Demurrage Informa Connect is A Trading Name of IBC Asia (S) Pte Ltd 5 Modules 20-24 July 2020 | 8:30am-1pm (SGT) | Live Online Learning

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Telephone Contact Devi Nyunt +65 650 82476 Live Online Learning!

• 20% Price Advantage Email [email protected] • Save on Travel budgets • Replicate on site classroom experience

Web • Tools for Enhanced Participant / Trainer www.informaconnect.com.sg/tanker-chartering interaction • Onboarding for all attendees Social • Proven and secure training platform Media LinkedIn Facebook

EARLY BIRD RATE NORMAL RATE •Special Group Discount pricing is FEE PER DELEGATE Register and Pay on or before Register and Pay after applicable to groups of 2 or more 29 May 2020 29 May 2020 delegates from the same organisation ❑ 5-Module SGD 4,195 SGD 3,356 SGD 4,395 SGD 3,516 registering for the same event, at the Live Online Learning (20% Learning Fee Discounted) (20% Learning Fee Discounted) same time.

•Fee stated is the discounted price rd Register 2 Delegates & the 3 attends PER DELEGATE. Only one discount applies - either the early bird rate OR FREE! the Special Group Discount. *Applicable to Normal Rates only •A 7% Goods & Services Tax (GST) is applicable to all Singapore based companies for Singapore venue. For Bank Transfer; Payment Terms & Conditions; Cancellation & Substitution Policies, please visit https://www.informaconnect.com.sg/terms/

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Book online Book over the phone Book via email www.informaconnect.com.sg/tanker-chartering +65 650 82476 [email protected] Maritime Training Academy