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 delivered over 5 days. Each day will run for 2x75 minutes with a short break in between. The course will examine commodity trading as a whole and discuss international contracts of sea carriage, which are heavily influenced by sale contracts.
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.
|Monday 12 February
|The contractual matrix: Relationship between the sale, insurance, and carriage contracts
|Trade contracts - Fundamental principles in sale contracts
|Tuesday 13 February
|Trade contracts - Unforeseen circumstances, force majeure, and frustration
|Carriage contracts – Voyage charter parties (duties of the owners)
|Wednesday 14 February
|Carriage contracts – Voyage charter parties (duties of the charterers)
|Carriage contracts - Duties of the charterer (duty to nominate a safe port and berth, duties relating to cargo declarations)
|Thursday 15 February
|Carriage contracts - Bills of lading types and legal issues emerging
|Carriage contracts - The main functions of the B/L and the transfer of rights and obligations between holders of the B/L
|Friday 16 February
|Insurance related issues - Cargo insurance
|Insurance related issues - Other insurance issues
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.
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.
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.