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overview
About The Course
The disruption in global logistics and international trades had brought shipping industry close to a halt; with many vessels ranging from containers, bulk carriers to Ro-ro forced into lay-up. While market and demand recovery continue to remain uncertain, vessel owners face various financial, operational considerations in selecting and carrying out options best suited to their fleet.
This live-online masterclass aims at helping shipowners and operators make the most cost-effective decisions for their vessel and fleet – whether it be lay-up or scrapping, container or tanker. Attendees will gain a refresher on strategic, regulatory, technical and operational issues associated with hot, cold lay-up; as well as the costs associated. Through examining real-world case studies, you will also acquire practical strategies such as lay-up location, finance, class, maintenance, legal & insurance considerations, crewing and re-activation.
Key Learning Outcomes
- Shipping Outlooks; Lay-up trends across segments 2020
- Ship Layup, recycling regulations, standards and conventions
- Commercial & technical considerations in layup options: Types, location, duration, crewing requirements, mooring arrangements
- Ship lay-up management: contracts & agreements (e.g. BIMCO’s LAYUPMAN)
- Maintenance regimes and operations during lay-up
- Salvage & towing procedures
- Safety equipment, systems & alarm
- Inspection, testing and certification requirements
- Scrapping considerations: Asset valuation, regulations and process
- Dealing with Port Authorities and Port State Control
- Legal and insurance issues from past experiences
Course Directors
Ieuan Dolby
Owner
Marine Surveyor & Risk Consultant, IHMCo
Mario Ramirez-Gaston
Marine Consultant
MRG Marine Consulting
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 full training course duration, led by the designated training expert
Available to:
Seminar attendees
Singapore MCF Grant
You may be eligible for the Singapore Maritime Cluster Fund (MCF) Grant for up to 50% of the total course fee. Please contact Sushil Kunwar on +65 6989 6614 or email [email protected] for more information and eligibility criteria.
Agenda
MODULE 1
MARKET TRENDS, FORECASTS AND IMPLICATIONS ON LAY-UP DECISIONS
- Shipping market, freight rates, fuel prices and impacts on container, tanker and bulk carriers
- Recent trends on lay-up and scrapping
SHIP LAY-UP REQUIREMENTS AND OWNERS’S OBLIGATIONS
- Classification
- Flag authorities
- Certificates, Approvals & Permissions for Vessel lay-up in the port
- P&I and H&M
- ISM and ISPS
- Lay-up declaration, documents and certifications
KEY CONSIDERATIONS IN LAY-UP DECISION-MAKING
- Hot, warm, cold and long-term lay-up
- Locations selection / recommissioning locations
- Location assessment
- Local requirements
- Vessel-type Considerations: Preparation,
- Lay-Up and Re-Commissioning
- Tanker
- Bulk Carrier
- Containership
- Gas carrier
- Operational costs
- Cost reductions on hot/cold
- lay-up options (crew, insurance,
- consumables, maintenance, etc)
- Length / Cost of recommissioning
- Other Considerations
- Crewing & manning, emergency and
- maintenance requirements
- Port fees
- Freight rates
MODULE 2
LAY-UP PRACTICAL PLANNING
- Lay-up procedures
- Mooring planning
- Salvage & towing procedures
- Minimum manning arrangements
- Risk assessment
- Power arrangements
- Emergency contingency plan
- Preservation and maintenance procedure (machinery, safety equipment, hull, etc)
- Anti-pollution measures
- Practical Exercise
LAY-UP RISK ASSESSMENT
- Assessing fire, flooding, weather & security risks
- Corrosion damages
- Mooring failures
- Loss of watertight integrity
- Piracy & security
- Personal injury
- Major machinery failure during reactivation
- Cargo system issues
- Case Studies
SHIP LAY-UP DURING COVID-19 – KEY CONSIDERATIONS
MODULE 3
PRESERVATION AND MAINTENANCE
- Lay-up logs
- Hull – above waterline
- Hull – below waterline
- Tanks & holds
- Deck machinery
- Machinery spaces
- Electrical & instrumentation
- Inspection Routines & checking
- Navigation lights, fire and bilge system alarms
- Safety arrangements for crew on-board
VESSEL REACTIVATION PLANNING
- Class and Statutory requirements
- Reactivation specifications and checklist
- Safety checklist
- Condition assessment (inspection, function testing, NDT, etc)
- Renewal / replacement requirements
- Test & trial protocol
- H&I insurance
- Case Studies
VESSEL REACTIVATION KEY ISSUES
- Navigation & communication equipment
- Mooring arrangement
- Main deck
- Cargo spaces (dry cargo, liquid cargo)
- Hull and openings
- Ballast tanks and enclosed spaces
- Bunker tanks and pumping systems
- M&E equipment
- Maine engine
MODULE 4
LAY-UP INSURANCE CONSIDERATION
- H&M and P&I issues from lay-up
- Insurance issues with laid-up or reactivated ships
SCRAPPING CONSIDERATIONS
- Age and potential recycling value
- Scrapping asset evaluation, steel values
- IHM requirements, HKC ratification
- Guidelines for Development of Ship recycling plan; Guidelines for Safe & environmentally sound ship recycling, guidelines for authorisation of ship recycling facilities ; guidelines for development of inventory for hazardous materials 2015 etc)
- Recycling process
MANAGING LAY-UP AND REACTIVATION SERVICE PROVIDERS
- Ship Lay-up Management agreement
- Key issues with vessel management agreement
LEGAL DISPUTES AND STRATEGIES FOR OWNERS & OPERATORS
- Key issues for owners, charterers and financiers – risks and mitigation
- Long-term contract termination
- Interaction with charterers and financiers
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.