Supplytime seminar

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  • Singapore, Singapore
  • 10 Sep 2020 (2 days)
  • Available seats 25
  • Payment: visa visa visa visa

Course price

Early bird discount BIMCO member From EUR 832 (Normal price EUR 925)
Expires 10-06-2020 Non-member From EUR 1125 (Normal price EUR 1250)

Discounts

10% group discount is available for registering 3 or more participants from the same company.

Overview

The seminar examines different versions of the SUPPLYTIME contract. During the course, we will also examine the practical and legal differences using SUPPLYTIME for other purposes than OSV/AHTS.

What will you learn?

Some of the topics the course will cover are:

  • How does the contract work across different segments of the offshore energy sector?
  • Using SUPPLYTIME for other purposes than OSV/AHTS
  • Key clauses and changes from SUPPLYTIME 2005 to 2017
  • Condition, maintenance and removal of equipment
  • Knock for knock – a practical guide
  • Working with rider clauses

Course programme

Case studies

Super Boat (SB) is the owner of the specialist offshore construction vessel. The ship is currently under construction and close to delivery at a well-known yard. SB chartering department receives an enquiry from Rotterdam Offshore Contractors (ROC) as they are looking for a vessel of similar specification for a project in West Africa.

ROC proposes a three-year charter party, with options for two more, at favourable day rates. The contract shall be based on the SUPPLYTIME 2017 form, with a range of amendments, including a larger heave compensated crane and on-board project specific equipment, to be equipped before the vessel departs for West Africa.  Some of this equipment will be operated on board by ROC or its sub-contractors’ personnel.

How do the owners protect themselves, and at the same time be seen to accommodate the charterers requirements in a very attractive deal? These are just some of the aspects of one of the cases in the course.

In the case studies, you will work in small groups to consider the scenario and a range of problems that arise. The cases will be a focus for dialogue and will help the participants see how amendments to SUPPLYTIME can serve different purposes for various parties.

Why choose to participate?

You will be taught by hand-picked industry experts who have built a career out of solving complicated commercial disputes in the energy offshore sector.

The combination of theory, discussion and casework will make using SUPPLYTIME forms clearer and more manageable. The trainers will share valuable experiences and point participants towards practical solutions, which can be used on the job. The course will also facilitate networking between international shipping peers and enable long-term learning relationships between the participants.

How will this course help your professional development?

SUPPLYTIME is the benchmark for offshore support vessel agreements – and the industry’s contract of choice. It has also been widely adopted by other sectors looking for a contract offering a comprehensive knock-for-knock framework. This course will assist you in identifying how the form works when being used for a wide variety of tasks, thereby helping you to understand and explain your own risks and exposure. You will be able to discuss issues, such as unused maintenance days at the conclusion of the charter, lay-up provisions and the revised knock-for knock provisions with your superiors, P&I club or legal counsel.

Course certification

A BIMCO certificate will be issued.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes using a computer or tablet. Please bring a computer or tablet! All documentation and presentations will be in English.

Speakers

Ian Perrott

Ian Perrott

Paul Dean

Paul Dean

Tony Concagh

Tony Concagh

Organiser

Peter Grube

 

Venue

  • Singapore TBD
  • Suitable venue to be announced
  • Singapore
  • Singapore

The fee includes coffee breaks, lunch and course materials, but not transport or accommodation, which should be arranged by the participant directly with the hotel.

Alternative dates & locations

  • Taipai, Taiwan
  • 04 November, 2020 (3 days)
  • From EUR 1035 EB 04-08-2020
  • Available seats 25  
More info
  • Aberdeen, United Kingdom
  • 12 November, 2020 (2 days)
  • From GBP 729 EB 13-08-2020
  • Available seats 23  
More info

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Need more information?

Peter Grube

Peter Grube, Head of Training