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COURSE: Trading and shipping working together

5 - 9 November, 2018 Amsterdam/Rotterdam, the Netherlands

 

PROGRAMME:


DAY 1


CONTRACTS:

• The commercial contract: where is shipping involved?
• The Charter-party: are they all the same?
• Various types of charter-party: voyage, time charter, bare boat, COA
• Charterer's obligations, Shipowner's obligations: who has todo what?

SHIPPING OPERATIONS:

• STS operations: What are the risks? What are the rules?
• Blending on board: Can it be done? Should it be done?
• Stowage and cargo planning: does it matter how or what you load?

 OPERATIONAL ISSUES:

• Notices: What is an NOR? Are there other notices?
• Berthing and lightering: who is responsible for getting to the berth?
• Inspection and measurement: where is oil measured? Where do losses occur?


DAY 2


CALCULATING FREIGHT COSTS:

• Lump sum voyages: What is the real cost of freight?
• Worldscale rates: How are they used?
• AFRA rates and freight risk

RISK IN SHIPPING:

• Financial risk and price risk: What are they?
• Hedging bunkers: Should we? Can we?
• Hedging freight costs: Freight Forward Agreements

CHARTERERS LIABILITY INSURANCE


DAY 3 - Visits


1) Port of Rotterdam

The Port of Rotterdam is the largest port in Europe, located in the city of Rotterdam, South Holland, the Netherlands. Rotterdam is one of the world's most important junctions when it comes to cargo traffic. Every year, over 300 million tonnes of goods are handled here. Located on the North Sea - the busiest sea route in the world - this Dutch port serves a European hinterland of about 380 million consumers. The huge cargo flows result in advantages of scale for both carriers and shippers.

The port of Rotterdam covers an area of 40 kilometres, from the center of the city to the North Sea. The port and industrial area covers 10,500 hectares (26,000 acres). Around 30,000 seagoing vessels and 130,000 inland vessels arrive in the port every year. Rotterdam is the home port and port of call for around 500 shipping lines that maintain regular services to 1,000 ports. Rotterdam is Europe's most important port for oil & chemicals, containers, iron ore, coal, food and metals.

Our visit programme: General presentation, with special attention to nautical management and energy. Representative of Port of Rotterdam will be present to be able to answer specific questions on the oil and gas business. End with a visit to our Harbour Co-ordination Center, in which all movements of ships and actitivities with dangerous cargoes are monitored.  

2) Vopak Terminal Europoort BV

About:

As part of Royal Vopak , Vopak Oil Rotterdam is the logistic hub for the petroleum industry in North West Europe.

Service provider 

Our visit programme: Delegates will have a bus tour through the terminal following by the general presentation about terminal capacity and services. Representative of the Vopak Terminal will be able to answer specific questions on the oil business.


DAY 4 


DOCUMENTATION

• Tanker Bills of lading: explanation and practical approach
• Governing conventions
• Letters of indemnity
• Delivery without bill of lading
• Changing bills of lading
• Multiple originals
• A time charter ship
• INCOTERMS 2000 v 2010

WHO IS WHO IN SHIPPING

• The parties involved: Charterer – Broker – Owner
• What do they do, who are they?
• Remuneration
• Choice of vessel (exercise)
• Typical example for a spot vessel
• Check list for charterer and owner
• Typical Recap

CHARTERING – STEP BY STEP

• How to make a charter – 10 steps
• Shipping negotiations
• Timing of chartering in the trade deals
• Offers and counter-offers
• Finalising the recap
• Lifting subjects
• Making chartering decisions

IMO (International Maritime Organization)

Bulk Codes and how these affect shipping

Vessel terminology and measurement definition

Freight System / Baltic Dirty Tanker Index /  WorldScale 

 


DAY 5 


 LAYTIME AND DEMURRAGE:

• What is laytime and why does it matter?
• Why is demurrage a major risk for trading?
• Managing demurrage risk
• Demurrage and laytime in the commercial contract and the charter-party

Worked calculations and examples for / from delegates

 

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