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.
  • 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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