SUMMARY |
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Reduced training budgets need not imply reduced continuous development and training of staff. In fact, in these challenging times, upskilling of the workforce is critical. Laytime and Demurrage are perhaps the two most litigious aspects of shipping contracts and have been the subject of numerous disputes over the years. This training programme is uniquely designed to focus on understanding the principles and concepts of Laytime and Demurrage (both Wet & Dry sectors), providing knowledge and practical guidance to effectively navigate these complex contractual issues. Delegates will have the opportunity to gain precious insight and first-hand knowledge from our 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 LEARNING OUTCOMES |
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• Gain in-depth understanding of the fundamental principles and concepts of Laytime and Demurrage from leading experts • Study and discuss Laytime and Demurrage related clauses in various dry and wet charterparties • Learn from relevant case laws and authorities to understand and apply the law to Laytime and Demurrage disputes • Opportunity to learn the proper method of Laytime and Demurrage calculations in a guided workshop setting • Examine available dispute resolution mechanisms in your contracts |
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TARGET AUDIENCE |
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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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INVESTMENT |
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SGD 2,000 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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