Lesson series

Applied Shipping Business – Practical Dry Cargo Chartering

This program is a combination of theory, practical examples and case studies. It covers the fundamentals of chartering, contract law, rights and obligations of parties and risk management through hedging, both physical and forward freight derivatives.
Mode

Online Program (Zoom)

Language

English

Total Duration

14 hrs

Total Sessions

4 (3.5hrs each)

Price

USD$
1000

Price

HKD
7800

Advance your career

Program Overview

  • Mode: Online Program (Zoom)
  • Language: English
  • Total Duration: 14 hrs
  • Total Sessions: 4 (3.5hrs each)
  • Session Date: 15, 16, 17, 18 July 2025
  • Session Timing: Hong Kong 14.30-18.00 hrs
  • Course Fee: US$1000 | HK$ 7800

Product Description


Program Overview

This program is a combination of theory, practical examples and case studies. It covers the fundamentals of chartering, contract law, rights and obligations of parties and risk management through hedging, both physical and forward freight derivatives.

Session 1
Shipping Markets, Market Players, Fundamentals of Chartering, Voyage Estimation & Contracts of Affreightment

Session 2
Basics of Contract Law, Conditions, Warranties and innonimate terms. Underperformance claims.
Case Study - based on “Speed and Fuel Consumption” warranties in a time charter party with calculations of liquidated damages.

Session 3
Voyage & Time Charterparties & their important clauses. Rights & Obligations, Prevention & Resolution of Disputes
Workshop - Slow Steaming Savings model: Market rates versus bunker costs & other practical issues such as meeting the cancelling (ballast voyage), client relationship etc.

Session 4
Risk Elements of Charterparty Fixtures, Hedging Forward Freight Agreements (FFAs), Forward Bunker Prices, Constraints of Basis Risk & Liquidity

Professionals:
 Chartering & Operating Executive and Managers - Ship Owning, Operating, Commodity trading, Industrial Houses, Legal Professionals

Mode: Online Program (Zoom)
Language: English
MATF Code: MC039
Total Duration: 14hrs
Total Sessions: 4
Session Date: 15,16,17,18 July 2025
Session Timing: Hong Kong 14.30-18.00 hr
Course Fee: US$1000 | HK$ 7800 (Bank charges both ends to be on remitter's account)

Payment Option
1) Bank Transfer Payment 
SkillsPlus Ltd - A/C No. 239762149883; Hang Seng Bank; Swift Code: HASEHKHH
(Please email the remittance slip to info@skillsplus.sg and anamika.chhawal@lsfglobal.com)

2) Credit Card
Click here

(Please email the remittance slip to info@skillsplus.sg and anamika.chhawal@lsfglobal.com)

Lead Trainer Profile: Mr. Jagmeet Makkar
Independent Arbitrator & Mediator; Former IME(I) Chair - Indian Maritime University; Sea Ambassador ISWAN; Chairman - Institute of Chartered Shipbrokers (HK Branch); Ambassador HK - Baltic Expert Witness Association
https://www.linkedin.com/in/skillsplus-jagmeet-makkar

Contact for more information on Maritime Skills+ Curriculum
LSF Global (www.lsfglobal.com)
+852 95279124 | anamika.chhawal@lsfglobal.com
SkillsPlus (www.skillsplus.sg)
+852 94686314 | info@skillsplus.sg

Lead Trainers Profile:

Mr. Jagmeet Makkar
Independent Arbitrator & Mediator; Former IME(I) Chair - Indian Maritime University; Sea Ambassador ISWAN; Chairman - Institute of Chartered Shipbrokers (HK Branch); Ambassador HK - Baltic Expert Witness Association