Practical Dry Cargo Chartering

A course held in association with the Baltic Exchange

Provisional programme

Monday

0915	Welcome and Course Opening
0930	Course Introduction and Housekeeping - John Doviak
0945	The Role of the Broker - David Bradley
1115	Dry Cargo Market: Demand factors - Jean Richards
1200	Dry Cargo Market: Supply factors - Jean Richards
1245	Buffet Lunch
1400	Workshop 1: Acceptable/Unacceptable Practices - David Bradley & John Doviak
1515	Legal Principles of Charter Parties & Bills of Lading - Richard Williams
1745	Day one ends

Tuesday

0900	Bids and Subjects: Preparing for the Negotiation - David Cross
1030	Negotiating Charter Parties - David Beard/Mike Woods
1200	Voyage Estimating Principles - John Doviak
1245	Lunch
1345	Voyage Estimating Practical Examples - John Doviak
1500	Workshop 2: Evaluating and selecting ships and cargoes - David Bradley & John Doviak Delegates split into groups, are given a number of orders and vessels and asked to advise their principal on which business to work and why.
1600	Workshop 3: Factors to consider in evaluating chartering alternatives - David Bradley & John Doviak
1630	Payment of Freight, Hire and Commission Clauses and their Implications - Philip Wood
1745	Day two ends

Wednesday

0900	Charter Parties: Special and additional clauses - Philip Wood
1030	Freight Derivatives - Jim Gretton
1145	Post Fixture Operations: Who does What with Whom - Jeffrey Blum
1300	Lunch
1415	Laytime and Demurrage Principles - Jeffrey Blum
1545	Workshop 4: Laytime and Demurrage Practical Exercises - Jeffrey Blum
1745	Day three ends

Thursday

0915	Survey of Developments since the Advent of Chartering "dot.coms" - Fred Doll
0945	Dry Bulk Market Factors: Trade, vessel demand, vessel supply, earnings, and vessel prices - Fred Doll
1115	Workshop 5: Fixing a Ship: Introduction - David Cross & John Doviak The entire process of fixing a dry-cargo vessel, beginning with collecting and evaluating offers for a Time Charter negotiation, voyage estimating, advising principals, negotiating rates and subjects.
1300	Working Lunch
1345	Workshop 5: T/C Negotiation Continues - ditto -
1415	Workshop 5: Comparison of T/C Fixtures - ditto -
1445	Workshop 5: Ballast voyage selection - ditto -
1530	Workshop 5: Negotiating a Voyage Charter - ditto -
1630	Conclusions and Feedback
1645	Course ends

Speakers

David Beard, Senior Director, Simpson Spence & Young Ltd
Jeffrey Blum FICS, FCIArb, Director & Maritime Commercial Claims Consultant, Interlink International Trading (UK) Ltd
David Bradley, Freight Market Reporter, Baltic Exchange
David Cross, former Chartering Manager, Fairwind Shipping and Member of the Baltic Exchange
Fred Doll, Doll Shipping Consultancy
Dr John M Doviak, Managing Director, Cambridge Academy of Transport
Jim Gretton, Managing Director, Tau Shipping Consultants and former Director of Global Freight Forwards
Mrs Jean Richards, Director, Fairwind Shipping Ltd
Richard Williams, former Partner, Ince & Co and Lecturer in Maritime Law, University of Wales, Swansea
Capt Philip J Wood, Director, Trade & Transport (UK) Ltd
Mike Woods, Director - Dry Cargo Chartering, Simpson Spence & Young Ltd

Course information

2007 dates

26-29 November at The Baltic Exchange, St Mary Axe, London, EC3A 8BH

Course fee

The cost of the four days is £1551 per person, fully inclusive of UK Value Added Tax, tuition, refreshments, and lunch each day. Accommodation is NOT included but our nominated travel agency company would be pleased to suggest alternatives in London at a range of prices.