Commodity Trading & Chartering Masterclass Online

  • Online, 15:00 CET
  • 07 Mar 2022 12 days
  • Available seats 17
  • Payment: visa visa visa visa

Course price

BIMCO member EUR 1150
Non-member EUR 1550


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


Commodity Trading & Chartering Masterclass Online is a series of 10 online sessions, 75-90 minutes per session. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.

What will you learn?

The close links between the sale contract, the insurance contract and the carriage contract will be examined in presentations and cases to see why and how the various documents which are customarily issued interrelate. Each aspect of the arrangement such as the cargo sale, the cargo insurance and the carriage contracts will be considered both separately and in relation to the other relevant aspects.

Dates and topics of Commodity Trading & Chartering Masterclass

Session 1, Monday, 7 March 2022, The relationship between the sale, insurance, and carriage contracts (75 minutes)
Session 2, Tuesday, 8 March 2022Fundamental principles of sale contracts (75 minutes)
Session 3, Wednesday, 9 March 2022Force Majeure Clauses, frustration and disruption of shipments (75 minutes)
Session 4, Thursday, 10 March 2022The shipowners’ duties (90 minutes)
Session 5, Friday, 11 March 2022The charterers’ duties (90 minutes)
Session 6, Monday, 14 March 2022Forms of contracts of carriage (75 minutes)
Session 7, Tuesday, 15 March 2022The main functions of the B/L and the transfer of rights and obligations between holders of the B/L (75 minutes)
Session 8, Wednesday, 16 March 2022Dangerous cargo and safe port/safe berth (90 minutes)
Session 9, Thursday, 17 March 2022Cargo insurance and other types of insurance (90 minutes)
Session 10, Friday, 18 March 2022, Letters of Indemnity (LOI) (75 minutes)

Starting time (for all sessions)

14:00 GMT/UTC
15:00 CET

Course programme

How will this course help your professional development?

This course is designed for those of you in operations and chartering as well as traders, importers/exporters, port agents and brokers looking for a content specific course and wide-ranging overview of the chartering field, and the mechanisms driving the market. It is also well suited for finance, accountants and legal consultants who wish to broaden their knowledge base. 

Course certification

Participants will be given an option of taking a final assessment (one-hour open-book test) at the end of the course, and Certificate of Achievement will be issued with a grade (distinction, merit or pass). Those not taking the assessment will receive a Certificate of Attendance.

Course materials

BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes. All documentation and presentations will be in English. Course access details will be provided once the registration is completed.


Richard Williams

Richard Williams

Baris Soyer

Baris Soyer


Merete Lund Greisen

Merete Lund Greisen

Peter Storm

Peter Storm

Ayako Odashima


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Need more information?

Peter Grube

Peter Grube, Head of Training