To obtain a general but practical appreciation of the subject. Enable students to handle chartering enquiries and be able to conclude basic terms of common dry cargo and tanker charter parties.
A COURSE FOR MANAGEMENT TRAINEES, JUNIOR EXECUTIVES AND SUPERVISORS FROM TRADING COMPANIES, SHIPPING AGENCIES, SHIP BROKING, FREIGHT FORWARDING, STEVEDORING AND WAREHOUSING COMPANIES.
◊ Introduction to freight markets/ship types ◊ Roles played by brokers/ charterers/ principals
◊ General idea of International Sales contracts (FOB, CIF, EX Works, etc.) and how they can lead to chartering requirements
◊ Brief outline of documentary credit and role of shipping documents, especially role played by B/L
◊ Common abbreviations used in:
◆ Voyage Chartering
◆ Time Chartering
◊ Voyage Charters (Dry Cargo)
◊ Voyage Charters (Tankers)
◊ Time Charters
◊ Common Problems encountered in chartering