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overview
An end to end masterclass of all Post Fixture requirements, this seminar will offer practical examples and case studies right through the 4-module to reinforce best practice and optimise risk management. Participants will be taken through operational, technical and financial touch points in post fixture operations, with an emphasis on current shipping market dynamics.
The impact of new technologies and regulations will be considered, and what they mean for vessel operations and voyage planning today. Strategic, Commercial and Financial insights, all wrapped into one will be the key foundations of this post fixture operations seminar.
Learning Outcomes
- Stay ahead of the curve in best practice vessel operations
- Add value to Voyage Planning, Optimisation and loss prevention strategies
- Effectively manage Chartering and cargo operations
- Counterparty / third party validation and risk management
- Understand practical enforcements and legal problems with bills of lading
- Practical tips for meeting reporting obligations
- Bunker compliance and dispute resolution for IMO 2020 requirements
- Sharpen your skills with case studies and exercises on
- Voyage calculations
- RECAP document management
- Off hire calculations and claims
- Freight calculations
- Demurrage negotiations, calculations and claims
Who Should attend
Commercial Operations and Post Fixture executives from Ship Owners and Managers, across all ship types, Charterers, Ship Agencies, P&I. Specific job functions, including but not limited to
- Post Fixture Executive / Manager
- Fleet Operations Manager
- Fleet Manager
- Voyage Manager
- Vessel Coordinator
- Commercial Operations Manager / Executive
- Shipping Analyst
Course Director
Jeffrey Blum (FICS, FCIArb)
Founder, Interlink International Trading (UK) Ltd (IIT)
Founder & Principal Lecturer, Maritime Education & Training Ltd (METL)
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
Digital Badge
Upon completion of this training course, participants will earn a digital badge.
Eligibility:
Attend and participate in the 2 full days of training course duration, led by the designated training expert
Available to:
Seminar attendees
Agenda
Module 1.1: Contract management for Postfixture & Operations
Time Charter/Voyage Charter/Trip (TCT)
- Vessel description and adherence to contract obligation
- Fixture recap
- Voyage orders
- Notices to parties
Module 1.2: Vessel Operations and Voyage Optimisation
- Readiness
- Voyage planning and routing
- Bunker consumption and invoices
- Tank cleaning and inerting procedures (Tankers)
- Dry cargo examples
- Optimal trim
- Reduce constant/weights
- Hull/Propeller fouling
- ROB
- Improving Ship-Agents Network’s performance
Module 3.1: Voyage Risk and Loss mitigation
- Stowage planning
- Navigational risks
- Vessel seaworthiness
- Prudent approach to STS operation, (collection of evidences)
- Master/Pilot exchange of information
- Tests/Checks prior approaching port
- Risk mitigation related to cargoes’ characteristics
Exercise: Voyage Calculations
Case Study: Recapitulation (RECAP) document management
Module 2.1: Documentation Management
- Revision of Charter Party
- Bill of Lading: Legal principle and liabilities
- Seaway Bill
- Statement of Facts
- Freight calculations and invoices
- Proforma D/A
- Load/Discharge documents: Keep track /evidence of port activities
Module 2.2: Practical enforcements and legal problems with bills of lading
- Common carriage responsibilities
- Enforcement
- Issue and corrections
- Forgeries
- NOR
- E-BOLs
Module 3.2: Freight and Hire Calculations
- Exercise: Off-hire calculations and claims
- Off hire reports
Module 3.3: Demurrage
- Freight Debit notes
- Calculations
- Demurrage negotiations with charterer and collections
- Claims
- Case Study
Module 4.1: Bunkers
- IMO 2020 Compliance matters
- Stemming bunkers
- Operations
- Bunker Logs
- IMO non-compliance Claims Case Study
Module 4.2: Dealing with and appointing Agents
- Agent selection
- Critical liaison areas
- Agency accounts
- Common problem areas
Module 4.3: Reporting
- Port Departure, Performance and Vessel position
- Initial Voyage report and pre calculations
- Final Voyage reports
- Annual reports
- Vessel performance claims
- Vessel utilisation, off hire, etc
- Cargo related reports
when & where
13 - 16 Jul 2020
1:00pm-5:00pm (SGT)
Live Online
RELATED EVENTS
15 June 2020
COVID-19 and Shipping »
14 – 17 July 2020
Ship Arrest »
20 – 24 July 2020
Tanker Chartering, Laytime and Demurrage »
27 – 30 July 2020
Marine Cargo Claims and Insurance »
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.
