WORKSHOP OVERVIEW |
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Reduced training budgets need not imply reduced organisational training. In fact, in challenging times like these, skilling and re-skilling of the workforce is critical. Laytime and Demurrage are perhaps the two most litigious aspects of chartering vessels and have been the subject of numerous disputes over the years. This training programme is uniquely designed to focus on the complexities of Laytime and Demurrage (both Wet & Dry sectors), gaining practical expertise and knowledge to understand and analyse contractual issues and post-fixture strategies. Delegates will have the opportunity to gain precious insight and first hand knowledge from our panel of leading industry experts. This highly interactive training program will emphasize on sound commercial practice drawing on the extensive knowledge and experience of the course presenter and cover important concepts including general principles, key definitions, charter party clauses and dispute resolution mechanisms. The course includes case studies and practical workshops with real life examples that will provide hands-on learning experience, demonstrate and encourage the practice of actual methods and allow participants to put their skills into practice. |
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KEY BENEFITS OF ATTENDING |
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• Gain an in-depth understanding of fundamental practices and concepts of laytime and demurrage • Expand your knowledge and gain invaluable insight into contractual issues in both wet and dry sectors • Secure understanding of laytime clauses in a Charter Party including Commencement, End & Exceptions to Laytime • Become skilled at laytime and demurrage calculations in a workshop setting • Analyse recent case studies to understand practical application of theoretical knowledge in this area • Gain practical expertise in post-fixture strategies from our panel of expert speakers • Examine dispute resolution mechanisms - Conciliation, Mediation, Litigation and Arbitration |
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WHO SHOULD ATTEND |
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• Supply, Trading and Risk Management Departments of Shipowners and Managers • Commercial and Operations Departments of Major Oil & Bulk Operators • Charterers • Commodity Traders and Ship Management Personnel • Port and Terminal Operating Companies • P & I Club Executives • Demurrage Claims Handlers and Analysts • Maritime Lawyers and Arbitrators • Bankers and Financial Institutions involved in Shipping Finance • Commodity Traders and Ship Management Personnel |
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COURSE FEE |
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SGD 1,295 per delegate (Special rate for online training only) Package Deal: Fundamental & Advanced Principles & Concepts SGD 3,000 per delegate (Special rate for online training only) |
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