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 since 2000.

To download a PDF copy of the full Course Programme (50kB) including a Registration Form, click here.


0900Course Introduction and Housekeeping
0915Tanker Market Overview
1045Charterer's Operational Criteria
1345Workshop 1: Evaluating and selecting ships and cargoes
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.
1530The Worldscale System
1630Workshop 2: Practical Applications of Worldscale


0900Forward Freight Agreements for the Tanker Trades
1030Legal Principles of Charter Parties and Bills of Lading
1330Legal Principles of Charter Parties and Bills of Lading
1500Negotiating: Offers, Counter-offers and Subjects
1600Voyage Estimating Principles
1700Voyage Estimating Practical Examples


0915Tanker Charter Parties: Special and Additional Clauses
1045Post Fixture Operations & Payment of Freight, Hire and Commission Clauses
1200Laytime and Demurrage Principles
1400Workshop 3: Laytime and Demurrage Practical Exercises
1545Workshop 3 — Continued


0930Tanker Trading & Voyage Evaluation
1100Workshop 4: Chartering Exercise Case Study
1345Workshop 4: Continued
1600Conclusions and Feedback
1615Course ends


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

  • David Chapman, ex-Chartering Manager, OSG (UK) Ltd
  • Dr John Doviak, Director, Cambridge Academy of Transport
  • Graham Harris, Partner, Squire Sanders (UK) LLP
  • Ian McCarthy, General Manager, Worldscale Association (London) Ltd
  • Colin Pearce, former Tanker Chartering Manager, Agelef Tanker Chartering Ltd
  • Alex Pilkington, Former Commercial Shipping Advisor, Shell International Trading and Shipping Company
  • Phil Stalley, Marketing Director, HubSE Ltd (Demurrage Software) and Former Demurrage Manager, BP Oil International Ltd
  • Pat Tye, Senior Analyst, EA Gibson Shipbrokers
  • Capt Philip Wood, Executive Director, Trade & Transport (UK) Ltd

Course information

27–30 April 2020
The Baltic Exchange, London

Course fee

The cost of the four days is £2400 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.

Register for the Course

To download a programme giving fuller details of the course,  click here.

For a Booking Form,  click here.