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Seminars, Courses & Distance Programs in Commercial Shipping and Legal Aspects of Shipping Business including Laytime and Demurrage in UK, Dubai, Singapore & Hong Kong
Established in 1985, Cambridge Academy of Transport provides maritime education through a variety of seminars aimed at the management or executive levels of companies within international shipping and trading. Programs are practical in nature and topics focus on commercial practices within the shipping business.
Contact Learning is provided by short, intensive seminars in both residential and non-residential formats. The Cambridge Courses are residential, based either at Selwyn College, Madingley Hall or The Møller Centre. The Baltic Exchange Series concentrate on practical commercial shipping topics and the London Seminars which focus more on legal aspects of the business including laytime and demurrage.
The Distance Learning series offers inexpensive knowledge at a pace to suit the student. While the contact with other participants is missing, the education is supervised by a team of Tutors with practical experience of shipping.
Courses & Seminars
Baltic Exchange Seminars
- Practical Dry Cargo Chartering (4 days): Topics include - Evaluating and selecting ships and cargoes; Factors to consider in evaluating chartering alternatives; Legal Principles of Charter Parties & Bills of Lading; Negotiating Charter Parties; Voyage Estimating Principles; Dry Cargo Market: Demand and supply factors; Payment of Freight, Hire and Commission Clauses and their Implications; Charter Parties: Special and additional clauses; Forward Freight Agreements; Laytime and Demurrage Principles; Dry Bulk Market Factors: Trade, vessel demand, vessel supply, earnings, and vessel prices; Ship Finance Highlights: Challenges of the Market Today; Fixing a Dry-Cargo Vessel; Ballast voyage selection; and Negotiating a Voyage Charter.
- Practical Tanker Chartering (4 days): Topics include - Tanker Chartering: Development of the Fleet Session 1 and the Market; Evaluating and Selecting Ships and Cargoes; The Worldscale System; Forward Freight Agreements for the Tanker Trades; Legal Principles of Charter Parties and Bills of Lading; Negotiating Charter Parties: Offers, Counter-Offers & Subjects; Voyage Estimating; Special & Additional Clauses Encountered in the Oil Trades; Post Fixture Operations & the Payment of Freight, Hire and Commission Clauses; Laytime & Demurrage Principles; Vetting and Other Tanker Chartering Issues; Tanker Trading & and Voyage Evaluation.
Cambridge Residential Courses
- Anatomy of Ship Finance (6 days): Designed to be thoroughly practical, the seminar is an ideal way to make new contacts whilst at the same time developing a deeper understanding of financing methods and industry practices. Issues to be discussed include - financial structure suited for different risk exposures; forms of security required; lenders protection to avoid losses; early signs of default; action should be taken; and, value of a loan recovered.
- Anatomy of Shipping (12 days): Program highlights include - Shipping markets: liner, tanker, bulk, gas & cruise; Geo-political and economic change; Acquiring and financing vessels; Information technology & telecommunications; Ship management: commercial & technical; and, Commercial and international law of the sea.
- Chartering - A Practical Approach (4 days): Topics include - Knowledge of the chartering options available in the market; How to initiate a successful negotiation; What are the various ways to evaluate business opportunities; How to reduce the risk of financial exposure; Which charter structures are most effective for current and future market fluctuations; How FFAs can either help or hinder a strategic position; and, What are the key principles of laytime and demurrage.
- Tanker Chartering & Documentation (7 days): The Tanker Chartering seminar was developed out of the general chartering course several years ago to provide more time to develop the specialist subjects of tanker chartering which were of interest to a greater number of participants. The case study develops the main topics in parallel with the lectures, highlighting negotiating skills, voyage estimating, charter party implementation and laytime and demurrage calculation.
- Bills of Lading & Related Cargo Claims (3 days): Topics include - English Maritime Law and its Importance in Bill of Lading Disputes; Functions and Problems of the Bill of Lading; Package Limitation: Title to Sue; Incorporation of Charter Party Terms into Bills of Lading; Risk Allocation amongst Owner, Charterer and Cargo; Case Study; Special Problems in the Tanker Trades; Dry Cargo Claims Analyzed; Electronic Bills of Lading; and, Bills of Lading Frauds.
- Disputes on Charter Parties (3 days): Topics include - English Maritime Law and its Importance in Charter Party Disputes; Voyage, Time & Bareboat Charters + Contracts of Affreightment; Bills of Lading under Voyage and Timecharter; Liens in Charter Parties/Bills of Lading; Choosing the Right Charter Party; Timecharter Performance Claims and Off-hire Consequences; The Defaulting Timecharterer - Late and Non-Payment of Hire; Illegitimacy - Consequences for Owners and Charterers; Safe Ports and Safe Berths; Practical Laytime and Demurrage; Solving Charter Party Disputes; and, Problems of the Master.
- Laytime, Demurrage & Despatch (3 days): Topics include - The Law Relating to Laytime and Demurrage; Commencement of Laytime; Laytime Definitions & Voylay Rules; Laytime Exceptions; Practical Laytime Problems; Comparison of Key Charter Party Laytime & Demurrage Clauses; Laytime & Demurrage Sampler; and, Practical Laytime Calculating Workshop.
Dubai, Hong Kong & Singapore Courses
- Anatomy of Petroleum Products and Chemicals Shipping (5 days - Dubai): The aim of this management course is to guide participants towards the successful development of commercial tactics and strategies in the petroleum products and chemical carrier markets. This is achieved through an examination of the economic, commercial, operational, technical, contractual, financial and legislative considerations which together impact variously on the extent to which owners and charterers maintain a competitive edge in their transportation arrangements. The course will also consider the outlook for these two related markets and as such will also be of interest to other industry players such as financial institutions and ship yards.
- The Business of Shipping (4 days - Dubai, Hong Kong & Singapore): A concise overview of the shipping industry. Topics include - Finance and Ship Acquisition; Technical Ship Management; Commercial Ship Management; Commercial Shipping Law; Marine Insurance; Bulk Shipping Markets; Liner Shipping; and, The Future of the Shipping Industry.
Distance Learning Courses
- Container Shipping
- Dry Cargo Chartering
- Introduction to Shipping
- Marine Insurance
- Maritime Law
- Shipping Economics & Operations
- Ship Management & Logistics
- Shipping Finance
- Tanker Chartering