Dry Cargo Chartering

This comprehensive course on dry cargo chartering will give you all the necessary information to become a dry cargo broker. The authors are practising daily at the centre of this important market and impart practical advice alongside the principles of chartering.

Course content (14 Lessons)

Lesson Topics

Commodities — Details of major dry cargoes, their routes, methods of shipment and problems — Ports and their facilities
The Ship — Types of vessel and their construction — Bulk Carriers, General Cargo and specialist ships — dimensions, plans and cargo gear.
The Principals — The roles of the Shipowners — Charterers — Shippers — Receivers.
The Market — How the markets function — The role of brokers — Market Indices.
The Voyage Charter Party — The printed form and the extra clauses.
The Timecharter Party — The printed form and extra clauses in regular market use.
Voyage Estimating — Methods of calculation voyage earnings for both Shipowners and Charterers. To download spreadsheets used in the Lesson Seven text, click here.
The Negotiations — How chartering negotiations are conducted.
The Psychology of Broking — Working the market — Suggested methods.
Vessel Earnings — Calculation of Voyage Freights and Timecharter Hire — Performance claims — Liens
Laytime — The calculation of laytime — Demurrage and despatch
Post Fixture — The actual voyage and how to make it work efficiently
The Law — A review of recent cases applicable to dry cargo.

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Download the estimating forms introduced in Lesson Seven.