Time charter masterclass

Masterclass 27 March 2019 - 29 March 2019
BIMCO members EUR 1,150.00
non-members EUR 1,550.00
VAT (excl. VAT@20%)
Group discounts available
Hotel Novotel Paris les Halles
8 Place Marguerite de Navarre 75001 Paris, France

Programme and links

Time chartering is a complex business. The shipowners give the time charterers substantial control over the commercial operation of the vessel in exchange for the regular payment of hire.

Under time charter, shipowners rely heavily on the financial standing of the charterers both in relation to the payment of hire and in relation to the indemnity, which the charterers have promised should the shipowners suffer any costs, damage, losses or liability as a result of carrying out the charterers’ orders. Similarly, the charterers rely heavily on the shipowners’ ability to provide them with the agreed service throughout the charter period as they will be entering into sub-contracts with third parties in reliance on such ability. 

The aim of this course is to highlight the various problem areas and to consider ways in which parties attempt to allocate risk and so provide you with a balanced understanding of the relevant legal principles and practice. The course will cover the following key topics: 

  • The inter-relationship between contracts
  • Time charter duration
  • Payment of hire
  • Off-hire clauses
  • Performance claims
  • The charterers’ duties
  • The shipowners’ duties
  • Frustration of time charter parties
  • The paramount clauses
  • Liens
  • Letters of indemnity, and
  • Case studies.

To learn more about the topics covered click on the course programme above. 

Discounts

Group Discounts

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

Jonathan Elvey

Jon Elvey teaches and lectures all over the world for BIMCO. He is known for making complex legal topics interesting, understandable and enjoyable. 

Jon spent 37 years with Ince & Co, the leading international London law firm, specializing in maritime disputes in arbitration and litigation. After 15 years in London, Jon moved to Greece to head Inces’ Piraeus office, developing it into a major law practice. Jon has acted for four decades for many of the industry’s biggest shipowners and charterers, advising them on all their commercial issues, with a particular emphasis on ... Read more

Ted Graham

Ted joined Ince & Co as a trainee solicitor in September 1994 and in the early years he was involved in a lot of casualty investigations, including trips to Lebanon, Egypt and Montenegro.
He left Ince in 2001 in order to work for a P&I correspondent (Ausship) in Sydney where he was lucky enough to race a 16’ skiff on the harbour for two seasons. He then returned to London,
re-joined Ince, spent 6 months on a secondment to Gard’s FD&D team in London, then became a partner in 2005. During this period he specialised in dry shipping and international trade. He
has spoken at a... Read more

Peter Grube

Peter Grube is Head of Training: Courses and joined BIMCO in 1990. His first position was in the Support & Advice team, where he assisted BIMCO members with a wide range of commercial issues. In 2000 he was appointed Marketing & Sales Director of BIMCO, responsible for promoting and driving forward BIMCO’s global position as a leading maritime organisation. In 2005 he transferred to BIMCO Training, developing, coordinating and delivering BIMCO courses and seminars world-wide. Prior to joining BIMCO he worked in ship ownership in Copenhagen as well as sale & purchase in Greece. He is a graduate from the Danish School for Inte... Read more

HOW TO SIGN UP

BIMCO only accepts sign up online. During the sign up process, you are able to sign up yourself and on behalf of colleagues. One invoice will be produced for all participants. Discounts will be calculated automatically during the sign up process based on your selections.

Reserve a single or multiple (unnamed) seats

If you would like to reserve and purchase a single or multiple seats on a training course, but do not currently know the names of the participants, then please send a request to training@bimco.org. You will receive a login to the website and will be able to add the name/s and contact details of the participants once the invoice has been generated.

Want to stay up to date?

Register for updates about training

Need more information?

Peter Grube

Peter Grube, Head of Training

Why Choose BIMCO?

BIMCO Training brings you world class training programmes and industry experts, either online or on-site, to guide you through some of the most important shipping topics where BIMCO has over 110 years’ experience and trust.

Customised  training

Usually 2-3 days on-site training customised to a specific or range of topics to meet your organisation’s needs.

Ways To Study

BIMCO provides a versatile mix of learning options giving you the opportunity to cover topics via face-to-face training at one of BIMCO’s global shipping hubs or through customised training to meet your company’s specific needs.