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Live Online: Charterparty Negotiation

19 – 22 October 2020 | 4-Day Live Online | 1:30pm-5:00pm (SGT)

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MCF Training Grant Is Available For Eligible Participants.

overview

Complex Issues, Key Clauses, Risks, Claims, Dispute Resolution and more

About the Course

Effective vessel chartering as well as post-fixture operations require thorough knowledge of the commercial and legal aspects involved in carriage of cargoes. All parties involved in negotiating charter parties need a firm understanding of practical issues including owners’ & charterers’ duties, payment of hires, laytime/ demurrage among others.

This masterclass offers attendees first-hand legal and operational know-how for improving charterparty agreements, resolving common problem clauses that cause disputes and maximising operational efficiency. Latest issues and case studies are scrutinised to give delegates an edge when managing or handling their respective charterparties.

Key Topics Covered

  • Learn about duty of care and performance obligations of Shipowners and Charterers
  • Understand common problems with the charterparty period
  • How to negotiate important clauses: what really matters
  • Key steps for managing claims and losses
  • How to manage risk that may lead to disputes
  • Understanding the various methods of resolving disputes
  • Explore critical elements including
    • Payment of hire and remedies for non-payment
    • Employment orders
    • Performance claims
    • Off-hire clauses
    • Laytime and demurrage
    • Deviation and liberty clauses
    • Common issues in charterparties – liens, dangerous goods, safe ports and paramount clauses

Who Should Attend

Participants will be expected to have some prior knowledge of charter
parties as the workshops have been designed to tackle this area at an
advanced level

  • Ship owners and managers
  • Charterers including Importers, Exporters and Traders
  • Shipbrokers
  • Port and ship agents
  • P&I personnel
  • Logistics and shipping professionals
  • Legal advisers, solicitors and barristers
  • Freight forwarders
  • Government bodies and representatives

 

pricing

Packages Price
Live Online TrainingSGD $2876

Register Group of 10 for SGD $12,950

MCF Training Grant Is Available For Eligible Participants.
Please Refer To www.mpa.gov.sg/mcf For Information.

Register 2 Delegates & the 3rd attends FREE!
Group rate is based on normal rate only.
For Group Registrations, email register@ibcasia.com.sg or call +65 6508 2401

 

  • Special Group Discount pricing is applicable to groups of 2 or more delegates from the same organisation registering for the same event, at the same time.
  • Fee stated is the discounted price PER DELEGATE. Only one discount applies – either the early bird rate OR the Special Group Discount.
  • All fees stated include luncheons, refreshments and complete set of documentation. It does not include the cost of accommodation and travel.
  • A 7% Goods & Services Tax (GST) is applicable to all Singapore based companies for Singapore venue.

Course Director

Jeffrey Blum (FICS, FCIArb)
Founder, Interlink International Trading (UK) Ltd (IIT)
Founder & Principal Lecturer, Maritime Education & Training Ltd (METL)

View profile »

Live Online Learning

Stay Home. Skill Up!

The current Covid-19 pandemic has put strains on various areas of business, especially when it comes to deriving commercial value from new initiatives. During this phase of self-isolation and working from home, we can help you meet your professional development needs and you can still take your professional development plans to the next level.

To support your learning goals we have converted our face-to-face trainings to LIVE Online Sessions. This way you can continue to attend live and interactive training sessions within the virtual classroom space where you can see and speak, with your Subject Matter Expert and other participants.

Benefits of Live Online Learning

Aimed at offering you immediate, high-quality practical information whilst minimising time and expenditure associated with travelling, our digital training platform enables you to interact in real time with course directors and remotely network with your fellow participants.

  • Classroom Experience: Progress with fellow participants as you would in an on-site class
  • Guaranteed cost-effectiveness: Travel budget saving, plus 20% price advantage for online participation
  • Controlled environment with speakers managing the Q&A and discussions and tools for enhanced interactions
  • Module-based approach to effectively manage your time and revisions
  • Earn your Digital Certification and broadcast your achievements to your peers
  • Onboarding: Available for all attendees
  • Proven and secure training platform

 

Click here to know more >

Digital Badge

Upon completion of this training course, participants will earn a digital badge.

Earners of Charter Party Negotiations Certificate have acquired practical understanding of the complex issues associated with charterparty periods; how to best interpret and draft key clauses to minimise risks and claims. They are skilled in interpreting & using clauses pertaining to laytime & demurrage, payment, charterers’ & owners’ duties, vessel performance claims; and are capable of identifying & strategising dispute resolution approaches.

Skills:
charter party, drafting, clauses, laytime, demurrage, claims handling, payment of hire, off-hire clauses, deviation, performance, employment orders, paramount clauses, negotiations, voyage charterparty, time charterparty

Eligibility:
Attend and participate in the 2 full days of training course duration, led by the designated training expert

Available to:
Seminar attendees

Digital Badge FAQ >

Agenda

MODULE 1

GENERAL INTRODUCTION

  • Formation of contracts under English law
  • Express and implied terms
  • Warranties & conditions & innominate/intermediate terms
  • The relationship between the contract of sale, the charter party and the bill of lading
  • The negotiation and formation of the charter party contract
  • Understanding the various methods of resolving disputes

 

PARAMOUNT CLAUSES

  • Why is this clause of paramount importance?
  • Which type of Paramount Clause can be used in a Bill of Lading?
  • Which type of Paramount Clause can be used in a charter party?

 

VOYAGE CHARTERS

 

THE SHIPOWNERS’ DUTIES

  • Hague-Visby Rules: Particularly Articles 3 and 4
  • To provide a seaworthy ship
  • Properly and carefully to care for the cargo
  • To proceed with reasonable dispatch
  • Cancellation clauses

 

MODULE 2

THE CHARTERERS’ DUTIES

  • Provide cargoes, correctly described
  • Pay freight/deadfreight/demurrage/damages for detention
  • Port nominations including safe port

 

COVID-19 CHARTERPARTY LIABILITIES AND RISK MITIGATION

  • Charterer rights
  • Delays and off hire
    • Responsibilities of owners and charterers for delays caused by Covid-19
    • Consequences of crew illnesses
  • Demurrage
    • Free pratique / quarantine issues
  • Safe port warranties
  • Charterers’ requirements to provide alternative voyage orders
  • Implied indemnity for following charterers’ voyage orders
  • Force Majeure and contract frustration
  • ‘Coronavirus’ clause, Additional Vetting Inspection Clause
  • Other potentially applicable exclusions
  • Application of common charterparty exceptions clauses

 

LAYTIME AND DEMURRAGE

  • When does laytime start to run?
  • What suspends laytime?
  • When does laytime stop?
  • Demurrage
  • Damages for detention
  • Reversible v Non-Reversible v Averageable
  • Worked examples of Dry and Wet laytime

 

MODULE 3

TIME CHARTERS

  • Time charter duration and re-delivery
  • Overlap/underlap
  • Last Voyage Clauses
  • Illegitimate last voyages
  • Express and implied tolerances
  • “Without Guarantee”
  • Methods of payment of hire
  • Payment on time
  • Permitted deductions

 

REMEDIES FOR NON-PAYMENT OF HIRE

  • Withdrawal of ship from charterers’ service
  • Suspension of services
  • Allowance for late payment: anti-technicality clause & latest law cases

 

MODULE 4

VESSEL EMPLOYMENT ORDERS

  • Employment v navigation and safety, incl “HILL HARMONY”
  • Orders which a master must or may refuse
  • Who is responsible for cargo operations?
  • Stevedore damage issues

 

PERFORMANCE CLAIMS

  • When is a ship underperforming?
  • Practical issues
  • What is the difference between claiming damages and off-hire?

when & where

19 - 22 Oct 2020

4-Day Live Online
1:30pm-5:00pm (SGT)

On-site & in-house training

Deliver this course how you want, where you want, when you want – and save up to 40%! 8+ employees seeking training on the same topic?

Talk to us about an on-site/in-house & customised solution.

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