Practical Tanker Chartering

A course held in association with the Baltic Exchange

Provisional programme

The provisional timetable for the Practical Tanker Chartering course is outlined below:- This programme has been held annually at the Baltic Exchange since 2000.

Monday

0900	Course Introduction and Housekeeping John Doviak
0915	Tanker Market Overview Steve Christy
1045	Charterer's Operational Criteria Jim Gretton
1215	Buffet Lunch
1345	Workshop 1: Evaluating and selecting ships and cargoes - 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.
1530	The Worldscale System Philip Wood
1630	Workshop 2: Practical Applications of Worldscale Philip Wood
1800	Day 1 ends

Tuesday

0900	Forward Freight Agreements for the Tanker Trades Duncan Dunn
1045	Negotiating: Offers, Counter-offers and Subjects Colin Pearce
1130	Voyage Estimating Principles Colin Pearce
1245	Lunch
1345	Voyage Estimating Practical Examples Colin Pearce
1515	Legal Principles of Charter Parties and BL’s Graham Harris

Wednesday

0915	Tanker Charter Parties: Special and Additional Clauses - David Chapman
1045	Laytime and Demurrage Principles - Phil Stalley
1200	Workshop 3- Laytime and Demurrage Practical Exercises - Phil Stalley
1300	Lunch (Working lunch for Workshop continuity)
1400	Workshop 3 - Continued - Phil Stalley
1545	Post Fixture Operations & Payment of Freight, Hire and Commission Clauses - Tony Dixon
1730	Reception at the Baltic Exchange

Thursday

0915	Pollution Liabilities and Legislative Regimes Nigel CardenJohn Doviak
1115	Workshop 4 - Fixing a Ship. The entire process of fixing a tanker, collecting and evaluating offers, voyage estimating, advising principals, negotiating rates, subjects, drawing-up the charter party and putting it into operation. Colin Pearce/John Doviak
1300	Lunch (Working Lunch)
1400	Workshop 4 - Fixing a Ship (Continued) - ditto -
1430	Workshop 4 - Calculating the Time Charter Equivalent (TCE) - ditto -
1530	Workshop 4 - Rate and Cost sensitivity - ditto -
1615	Conclusions and Feedback - ditto -
1630	Course ends

Speakers

The following will form the core of speakers for this course:-

Duncan Dunn, Business Development Manager, SSY Futures Ltd
Nigel Carden, Director, Thomas Miller P&I
David Chapman, Chartering Manager, OSG (UK) Ltd
Tony Dixon, Director, Braemar Seascope Ltd
John Doviak, Director, Cambridge Academy of Transport
Jim Gretton, Braemar Seascope Ltd
Graham Harris, Partner, Thomas Cooper & Stibbard
Steve Christy, Director, EA Gibson Shipbrokers
Colin Pearce, former Tanker Chartering Manager, Agelef Tanker Chartering Ltd
Robert Porter, Managing Director, Worldscale Association (London) Ltd
Phil Stalley, Demurrage Manager, BP Oil International Ltd

Course information

2009 Provisional dates

London - To be announced

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.