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overview
Key Learning Objectives
- Understand the maritime supply chain that underpins shipping activities and operations
- Become familiar with some of the international conventions on the carriage of goods by sea and know what an international trade route is.
- Grasp the fundamentals of how different types of seagoing vessel are classified
- Understand a range of ship related nautical terminology
- Have increased awareness as to how ships are financed and the markets that support these transactions
- Gain a familiarity and understanding of marine insurance contracts
- Know what INCOTERMS are and how they apply to international maritime activities
- Understand what a charterparty is and the different types of them
- Grasp the fundamental aspects of the bulk cargo trade
- Become informed about the threat and impact from international piracy and what action is being taken in order to mitigate and eradicate it from the seas
About the Course
Few businesses truly span the globe and have such a fundamental impact on our daily lives as that of the shipping industry. Every type of commodity and consumer product imaginable is transported 24 hours a day, 7 days a week around the globe, utilizing a complex network of shipping lanes and international maritime routes.
The industry is complex, dynamic and multifaceted. Fortunes have been made and lost and the sea is ever an unpredictable mistress – often both lives and property are lost, reminding us all of the inherent nature of risk associated with maritime endeavours. This course has been specifically designed to introduce this fascinating industry in the most interactive and informative manner – providing the delegate with a level of knowledge that is immediately useful and applicable.
Who Will Benefit
- Newcomers to the industry wanting to add to or update their knowledge of the shipping industry
- Those entering into contracts with charter parties such as commodity owners/suppliers
- Clients of shipping companies and service providers and state, federal, local government
- Port infrastructure owners
Modular In-house Training
We offer the opportunity to run these programs privately in-house to take advantage of the following benefits:
- Modules can be released on dates that suit your working week
- Interactive Live Trainer sessions can be scheduled on dates that suit your colleagues
- We can brand our learning management platform to your company
- Sensitive or specific information can be shared on the learning management platform for discussion
- Receive detailed feedback reports & data to guide future development needs of colleagues
- More cost-effective for 6+ attendees
Contact one of our Training Consultants at training@informa.com.au for more information.
Testimonials
“Trainer shared real-life examples relevant to course materials for interesting learning”
Manager (Policy), Maritime and Port Authority Singapore
“Engaging and thought provoking”
Senior Specialist, APL
“Very informative and real life examples provided”
Shipping Ops Executive, Total Oil Asia-Pacific Pte Ltd
Course Outline
MODULE 1
THE MARITIME SUPPLY CHAIN
- What is a supply chain?
- Forward and backward vertical integration explained
- Horizontal integration
- Economies of Scale and Scope
- Outsourcing/Insourcing
- Integrated maritime supply chains
THE HAGUE VISBY RULES
THE HAMBURG RULES
INTERNATIONAL TRADE ROUTES
- Historical maritime trade routes
- Modern maritime routes
- Socio-economic and political impacts of trade routes
MODULE 2
VESSEL CLASSIFICATIONS AND ASSOCIATED TERMINOLOGY
- The meaning of the ‘max’ suffix
- ‘Draft’ explained
- ‘Beam’ explained
- Length – at the waterline; total length; air draft
- ‘Displacement’ and the Archimedes Principle explained
- ‘Deadrise’ and ‘Chine’ explained
- ‘Freeboard’ explained
MARITIME FINANCE
- Historical overview – the ‘Sixty Fourth company,’ joint stock companies
- Working Capital Management and Financial Strategy – the critical elements
- Ship ‘Mortgages’
- Some key financing methodologies – syndicated (bank) loans; guarantees; revolving lines of credit; multi-currency loans; interest rate swaps
- Shikumisen arrangements
- Security markets – money; capital; equity
- Ship leasing
MODULE 3
MARINE INSURANCE CONTRACTS
- The scope of marine insurance
- Some different types of policies
- Insurable interest
- Subrogation and ‘double’ insurance
- Assignment
- Warranties – express and implied
- Deviation
- Institute Cargo Clauses A, B and C
INCOTERMS AND ASSOCIATED SHIPPING DOCUMENTATION
- Types of INCOTERMS examined
- Bills of Lading
MODULE 4
CHARTERING:
- Voyage charterparty
- Time charterparty
- Demise charterparty
- Implied obligations
- Express terms
BULK CARGO OPERATIONS
- Historical overview
- 2 definitions of bulk cargo
- Multi-modal transportation of bulk cargo
- Bulk cargo handling operations
- Liquid bulk cargos
- The tanker ‘spot market’
- The ‘Big 5’ bulk cargos
MODULE 5
MARITIME PIRACY AND SECURITY
- A growing problem
- Some of the worst ‘hot spots’
- The international nature of piracy
- Case study: The Maersk MV Alabama
- Secondary effects of piracy
- Common tactics of pirate attacks
- ‘Target hardening’ – proactive security
- Pirate support and logistics – the vulnerable target that is on land, not at sea
- Vessel information security
Live Interactive Sessions: 11th March 2022 – 18:00 (AEDT) | 1st April 2022 – 18:00 (AEDT)
Live Interactive Sessions: 12th August 2022 – 17:00 (AEST) | 2nd September 2022 – 17:00 (AEST)
when & where
28 Feb 2022
Blended Learning
01 Aug 2022
Blended Learning
On-site & in-house training
Deliver this course how you want, where you want, when you want – and save up to 40%! 8+ employees seeking training on the same topic?
Talk to us about an on-site/in-house & customised solution.
contact
Still have a question?
Sushil Kunwar
Training Consultant
+61 (0)2 9080 4395
training@informa.com.au