Description

Shipping may sound like an easy business, but in reality, it is a highly complex industry with several factors that can create massive peak to trough movements in stock prices. The rapid rise then fall of the freight markets have exposed owners, disponent owners and charterers to hire payment defaults in the charter party chain. One of the most important factors is the chartering strategy for a given company which explain why chartering has a very prominent place in the shipping industry and plays an important role in world trade.
This course involves comprehending, analysing and evaluating the processes and practices which bring shipowners and cargo owners together in a contractual relationship for carrying cargo. These processes are extremely broad and brings about relationships with a variety of people with varying levels of experience from the many different aspects of shipping.
As you will see from the course outline, these many aspects of chartering are presented in a logical format, you will examines the roles of ship owner, Charterer, Broker and Institutions and their activities and then followed by detailed study of the documents and practice of chartering in the world's markets.
It is the intention of this course to extend the student’s knowledge and understanding of the chartering field and make you a ‘Master’ in chartering ships for special transportation requirement of projects or business operational needs in international shipping logistics and ocean freight.

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Objectives

The objective of the Advanced Diploma Course in Chartering and Ship Brokingis to enable participants to better negotiate charter parties, have insight to make strategic decisions on chartering and to be at an advantage when negotiating chartering contracts.
The course will provide the students with a comprehensive sketch of the concepts, principles and practice which underpin the commercial employment of ships under charter arrangements. On completing the course, the knowledge and expertise gained will help the participants to reach senior management positions in leading companies within the industry and to be recognized as ‘Chartering experts’ among their peers.

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Minimum Entry Requirements

There are no prerequisites for this Course, however, in order to fully benefit from the training, it is recommended that the participants are either new entrants to the shipping industry or professional staff in shipping companies, ship brokers, port agencies, insurance inspectors, banks and similar service organisations can gain a valuable understanding of their customers roles and responsibilities.
The comprehensive documentation that accompanies the course has been designed as a useful guide for future reference.

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Who Should Attend

The Maritime field is extremely broad and brings about relationships with a variety of people with varying levels of experience from the many different aspects of shipping therefore this Course is suitable for a broad range of maritime related professionals and regularly attracts ships’ officers and shore-based management staff.
But the course is also valuable to Classification Societies, Marine Insurers, P&I Club Managers, Port Authorities and Coast Guard personnel amongst others.
The course is conducted online and provides a wonderful chance to build your international professional network without having to afford any travel expenses. Often more than 10 nationalities participate and are introduced to each other thanks to our education portal features.

• Producers, Traders or Commodities Brokers and Suppliers
• Ship agent, Shipbrokers
• Shipowners, Charterers, Shippers and Maritime Attorneys
• Purchasers and Technical Managers and Superintendents
• Captains, Chief Engineers and Ship Staff
• Insurance Company Underwriters, claims handlers, and members of the legal profession
• Service providers, Surveyors, Inspectors, Analysts, Technical advisers
• Practicing cargo agents, Freight forwarders, Shipping Industry starters, cargo consolidators
• Other professionals.

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Duration

Each module is expected to involve 6 hours of learning time each week, making a total of 52 hours per 2 months period and the associated tests might be completed in less than 2 hours.
The training sections don’t have to be completed in one session, you may return to it as often as you like, the system will bookmark your last page so you are returned directly to where you exited the program.

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Timeframe

This course will remain open for 9 months for completion or revision starting from the date of course uploading on the student portal.
One or more extensions of study totaling not more than 6 months may be requested by a student and authorised by the Course Director. The request should be made at least one day prior to the end of the period of study.
Further extensions are used where exceptional circumstances necessitate an extension of the normal period of study in order to complete the final test. An agreed extension may involve the payment of small additional fees.

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Teaching Methods

In line with the International Maritime Training general approach and the best international standards, the course is designed with the aim of providing excellent training with an emphasis on its concrete application in the job, professional and company principal related activities.
The training include a course framework (detailing the scope, objective, entry standards, and other information about the course), a course outline (timetable), a detailed teaching syllabus (including the learning objectives that should have been achieved when the course has been completed by students), guidance notes and summary of how the students will be evaluated.
The course involves mainly independent study with the assistance of the educational team; study time, in general, is to be spent on activities such as studying the lecture course material and textbooks and preparing your coursework in order to be ready to take the final test.
Your progress in the subjects taught will be tested and consolidated through exercises related to actual Flag State inspector cases.

Modes of attendance

This course can be attended only:
Online, via a cutting-edge web platform.