Chartering, Hiring of Vessels and Marine Insurance
Course Description
This five-day training course is essential for marine and shipping personnel dealing with chartering and marine insurance. All applicable terms, abbreviations, type of charter parties, shipping documents discussed. Attendants will receive a solid foundation of the chartering and shipping process, marine insurance and commercial terms. This course will concentrate on chartering and charter terms, shipping terms, marine insurance, trade terms, laytime and demurrage. The topics presented during this training course will provide companies with the information necessary to meet current and proposed compliance requirements more economically while maintaining the highest level of safety
The Training Course Will Highlight ?

Personal Impact
This training course teaches the competencies that enable leaders to:
- An enhance knowledge of the chartering process, bill of lading and other shipping documents
- Appreciate of INCOTERMS, shipping conditions and documents required
- Practically understand of how to apply their knowledge to their everyday work environment
- Which tools provide the best results
- Integrate strategic knowledge and operations with other forms of management practice within the sector
- Understand of charter conditions and limitations and how to deal with different CP types
- Know of the legal framework
- Understand of the shipping and commercial terms and abbreviations
- Get acquired into the marine insurance
- Know of the resources available
- Predict risks and possible constraints

Training Objective

Upon the successful completion of this course, each participant will be able to:

• Apply and gain in depth-knowledge and skills on chartering and marine insurance
• Define charter parties and types of shipping as well as prepare the document required
• Recognize bill of lading/waybill, commercial invoice packing list and certificate of origin/free trade agreement certificate
• Identify which marine insurance if required
• Explain the international commercial terms of sea freight and air freight
• Carryout essential skills of shippers and receivers covering reading text, document use, writing, numeracy, oral communication, thinking skills, problem solving, decision-making and critical thinking
• Employ job task planning and organizing including significant use of memory, finding information, working with others, computer use and continuous learning

 

Organizational Impact
Organizations dealing with the chartering of vessels benefit tremendously when their leaders possess a high degree of the inner competencies gained in this seminar. They will be better able to understand the various charter types, shipping and trade terms, types of marine insurance, commercial terms, laytime and demurrage. They will access in-depth thinking potential to make decisions and solve problems more effectively.


- Understanding of the chartering terms and different types of charter parties
- Minimizing number of mistakes when working with various vessel charters
- Speeding up operations
- Serving clients more efficiently
- Enhancing human relations within the organization
- Improving vision of future opportunities for development
- Developing necessary employee’s skills
- Saving costs

Target Audience

This training seminar will greatly benefit all individuals who wish to improve their leadership skills and develop their personal power and effectiveness:
• Managers
• Team Leaders
• Supervisors
• Professionals
• Technical Staff
• Superintendents
• Operators
• Officers
• Procurement professionals
• Suppliers
• Planners
• Inventory professionals

 

Training Methods

Daily Agenda

DAY 1: What is Ship chartering? Charter terms explained
• What is Ship chartering?
• What are the different types of ship chartering
• Voyage charters
• Time charters
• Bareboat charters
• What is Charter party? Charter abbreviations

DAY 2: Chartering and Shipping terms
• Laytime and Time sheets
• Bills of Lading
• Liner Shipping, Containerization and Multimodalism
• Ship, Shipping Operations and Shipping Terms
• Tonnage of Ships
• Classification of Ships


DAY 3 : Marine Insurance and Mutual cover
• Introduction
• Marine Insurance
• Mutual Associations
• General Average
• Salvage
• Summary and conclusions


DAY 4: Trade terms, INCOTERMS and Documentary Credits
• Trade Terms
• INCOTERMS 2020 update
• Some INCOTERMS in glance
• Letter of Credit
• Documentary Credits
• Summary and conclusions

DAY 5 : Laytime and demurrage
• Types of laytime
• Start and stop of laytime
• Calculation of laytime for dry and wet cargoes
• Demurrage
• Laytime and demurrage clauses
• Management of Demurrage Claims

Accreditation

CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
MAR108-01 22-06-2025 Dubai USD 5450
MAR108-02 22-09-2025 Istanbul USD 5950
MAR108-03 07-12-2025 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 22-06-2025
  • End date 26-06-2025

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

CDGA keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since CDGA was established, it considered a training partner for world class oil & gas institution

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Ireland, Ireland

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