Chartering Negotiations

About the Course

Effective vessel chartering, as well as post-fixture operations, require a thorough knowledge of the commercial and legal aspects involved in the carriage of cargo. All parties involved in negotiating charterparties need a firm understanding of practical issues, including owners’ & charterers’ duties, payment of hires, laytime, and demurrage, among others.

This chartering negotiations training offers attendees first-hand legal and operational know-how for improving charterparty agreements, resolving common problem clauses that cause disputes and maximising operational efficiency. Latest issues and case studies are scrutinised to give delegates an edge when managing or handling their respective charterparties.

Who Will Benefit

• Ship owners and managers
• Charterers, including importers, exporters and traders
• Shipbrokers
• Port and ship agents
• P&I personnel
• Logistics and shipping professionals
• Legal advisers, solicitors and barristers
• Freight forwarders
• Government bodies and representatives

Key Learning Objectives

• Learn about the duty of care and performance obligations of shipowners and charterers

• Understand common problems with the charterparty period

• Know how to negotiate important clauses: what really matters

• Key steps for managing claims and losses

• How to manage risk that may lead to disputes

• Understanding the various methods of resolving disputes

• Explore critical elements including:

  • Payment of hire and remedies for non-payment

  • Employment orders

  • Performance claims

  • Off-hire clauses

  • Laytime and demurrage

  • Deviation and liberty clauses

  • Common issues in charterparties – liens, dangerous goods, safe ports and paramount clauses

Course Information

Instructional Delivery Method: Live Digital
Prerequisite & Advanced Preparation: Reading material will be sent prior to the course

Delivered by Jeffrey Blum

Jeffrey Blum’s involvement in shipping and trading spans over 50 years. He is the fourth generation of a shipping family, has been an active member of the Baltic Exchange since 1976 and has worked with a Lloyd’s underwriter and as a shipbroker, ship owner and operator, gasoil futures broker, charterer and commodities trader in London and abroad.

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