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overview
Key Learning Outcomes
- Cargo Shipping Regulations, market updates and cargo claim trends
- Specific issues with different types of cargo and insurance considerations
- Claims procedure, documentations and claims check-list
- Claims handling and legal issues associated with cargo loss & damage
- Defence of cargo claims
- Ship arrests – implications for shipowners and cargo owners
- General Average (incl YAR) v Particular Average
About the Course
Through examining a wide variety of cargo incidents, this masterclass highlights claim trends across different types of cargo, insurance considerations, claims & dispute handling best practices.
Essential to all shipping players, practical discussions will include the impacts of recent developments surrounding global trade & transportation (Covid-19, international sanctions) on cargo and insurance policies relating to loss, damage, delay, surcharges; and best practices in preparing for claim defence and dispute resolution. This course will also discuss some of the many ramifications of the recent blockage of the Suez Canal by the EVER GIVEN.
Who Will Benefit
With focus on legal risks, contractual management, claims handling and commercial implications, this course is essential for
- Shipowners, ship managers & operators, charterers
- Shipbrokers, Ship agencies
- Legal services, insurers, surveyors
- Legal counsels
- Commercial Managers, Chartering Executives, Post-fixture Operators, Claims Managers, Insurance Executives
- Cargo Operators, Vessel Operators, Chief Officers, Masters
pricing
Live Online Training
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Catering to meet all your learning needs:
- Get high quality practical training from our expert instructors
- From Face To Face, Online and Blended Learning, get a superior solution for your learning needs
- Learn live online in an interactive environment
- Invest in yourself. Invest in your team.
Register today for our Live Online Training courses and find out how they can help you transform the way you work. Contact one of our training consultants on [email protected] to find out more.
Testimonials
“It’s been a fruitful 4d course. Learned pretty much the basics of the marine claims”
Marine Fuel Sales, Cockett Singapore
“I really enjoy the practical application of the topics presented”
Senior Chartering Manager, Integra Petrochemicals Pte Ltd
MCF Grant
MCF Training Grant is available for eligible course attendees. Please refer to https://www.mpa.gov.sg/maritime-singapore/what-maritime-singapore-offers/developing-manpower/training@maritimesingapore for information on the MCF Training Grant.
Agenda
MODULE 1
- CARGO SHIPPING REGULATIONS & MARKET
- Cargo Shipping Regulations
- The marine insurance act 1906
- Letters of Indemnity
- Cargo Shipping market
- Roles of underwriters, insurance brokers, P&I clubs
- Insurance obligations
- What needs to be disclosed by the assured
- Warranties and exclusions
- Duration of insurance cover
- Cargo & Piracy, kidnap and ransom
- “Insurable interest”
- IMPACTS OF EXTERNAL FORCES ON CARGO TRANSPORT AND CLAIMS
- Cargo accumulation and insurance contract limit
- Delay, demurrage and delay clauses
- Delay clauses: excess time – load/unload, time period, NOR, WIFPON
- Demurrage charges
- Additional costs
- Deviation/unsafe ports
- Discussion – Vulnerable goods, perishable items with short shelf life
- Force majeure and exemptions
- Practical considerations:
- Interruptions in transit / deliveries
- Port congestion and disruption to deliveries
- Vessel quarantine
- Port closure
- TYPES OF CLAIM/PROBLEMS WITH CARGOES
- Bulk cargo (liquid/dry)
- Dry bulk cargo liquefaction
- Refrigerated and perishable cargo
- Specialist & project cargoes
- Dangerous cargoes
- Containerised cargoes
- container fires/cargo mis-declaration
- violations of regulations, sanctions
- types of direct and collateral damage
- Incidents
MODULE 2
- TRENDS/UPDATES IN MAJOR MARINE/CARGO CLAIMS
- Natural catastrophe related: hurricane, tsunami, Covid-19
- Cargo liquefaction
- Arctic navigation
- Fires, explosion – at ports, in warehouses and on vessels
- Cargo misappropriation: theft and fraud
- IMPACTS OF INTERNATIONAL SANCTIONS ON INSURANCE COVER
- Exposures to sanctions (insurers vs cargo owners vs owners)
- Sanction Limitation and Exclusion Clause
- When do sanctions extinguish a claim?
- CARGO CLAIMS PROCEDURES
- Key steps in managing cargo claims and losses
- Procedure, documentations, reporting
- Bills of lading & charterparty terms
- LOI
- LOC, UCP 600
- Duty of Assured clause
- Particular Average v General Average
- Salvage
- Surveyors – role, appointment, obligations
MODULE 3
- DEFENCE OF CARGO CLAIMS
- Limitation, exclusions and defences
- Package and weight limitation
- Time limits
- HVR Article IV(2) defences
- Responsibilities for loading, stowage, discharging cargo
- Deck cargo
- Delay claims
- SHIP ARRESTS AND IMPLICATIONS (SHIPOWNERS VS CARGO OWNERS)
- How ship arrest can affect off-hire in time charters
- How ship arrest can affect commercial sale contracts
- Whether and how arrest is insured
MODULE 4
- ISM AND ISPS CODES
- IMO including IMO 2020 / IMDG Code 2016 / ISPS / ISM / SOLAS
- SHIP SEAWORTHINESS VS P&I AND CARGO INSURANCE POLICIES
- Types of unseaworthiness
- Shipowners’ P&I Club policy
- Charterers’ P&I Club policy
- Cargo insurance policy
- DISPUTE RESOLUTION AND LEGAL ISSUES RELATING TO CLAIMS
- Litigation v Mediation v Arbitration
- Party autonomy / choices
- Enforceability
- Costs and time
when & where
10 Sep 2024
Live Online Training
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?
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