Practical Dry Cargo Chartering

A seminar held in association with the Baltic Exchange

Provisional programme

Monday

0915 Welcome and Seminar Opening
0930 Seminar Introduction and Housekeeping - John Doviak
0945 The Role of the Broker - Jeffrey Blum
1115  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.
1200 Workshop 2: Factors to consider in evaluating chartering alternatives - John Doviak
1245 Buffet Lunch
1400 Workshop 3: Acceptable/Unacceptable Practices - John Doviak
1515 Legal Principles of Charter Parties & Bills of Lading - Stephen Kirkpatrick
1745 Day one ends

Tuesday

0900 Bids and Subjects: Preparing for the Negotiation - David Cross
1030 Negotiating Charter Parties - David Cross
1200 Voyage Estimating Principles - John Doviak
1245 Lunch
1345 Dry Cargo Market: Demand factors - Jean Richards
1430 Dry Cargo Market: Supply factors - Jean Richards
1530 Voyage Estimating Practical Exercise- 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 Dry Bulk Market Factors: Trade, vessel demand, vessel supply, earnings, and vessel prices - Andrew Craig-Bennett
0945 Ship Finance Highlights: Challenges of the Market Today - Andrew Craig-Bennett
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 Seminar ends

Speakers

The following have lectured on the seminar in recent years and will form the core of presenters for the above programme:

  • Andrew Craig-Bennett, Deputy General Manager, Cosco Maritime UK Ltd
  • David Beard, Senior Director, Simpson Spence & Young Ltd
  • Jeffrey Blum FICS, FCIArb, Director & Maritime Commercial Claims Consultant, Interlink International Trading (UK) Ltd
  • David Cross, former Chartering Manager, Fairwind Shipping and Member of the Baltic Exchange
  • Dr John M Doviak, Managing Director, Cambridge Academy of Transport
  • Jim Gretton, Managing Director, Tau Shipping Consultants and former Director of Global Freight Forwards
  • Stephen Kirkpatrick, Partner, Reed Smith
  • Mrs Jean Richards, Director, Fairwind Shipping Ltd   
  • Capt Philip J Wood, Director, Trade & Transport (UK) Ltd

Seminar information

2011 dates (Provisional)

21-24 November at The Baltic Exchange, St Mary Axe, London, EC3A 8BH

Course fee

The cost of the four days is £1920 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.

Request a brochure

Register your details to receive our full seminar brochure and the latest information.