Drafting Charterparty Contracts

About the Course

International maritime trade is one of the largest and most complex fields of human endeavour. It is continuous and ensures that many other businesses and industries remain supplied with the goods and materials that are required for their daily operations. Underpinning this vast commercial endeavour are the vessels themselves utilised to carry a huge array of cargos to destinations anywhere and everywhere on the planet.

These vessels are subject to complex legal agreements known as ‘Charterparty Contracts’ which come in various forms and serve different purposes. Given the complexity, risk and uncertainty of the maritime trade, it is imperative that these contracts and agreements establish the rights, duties and obligations of the parties to one another as well as offering protection and certainty by managing the interface with other relevant necessary components such as insurance and compliance requirements internationally.

The Drafting Charterparty Contracts course has been designed to be an immersive experience with focus on open dialogue and problem-solving exercises and case studies throughout.

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

• Gain a clearer perspective of the nature of maritime trade
• Understand the different forms of Charterparty contracts
• Become familiar with the function of Bills of Lading
• Gain insight into risk allocations between Carrier and Owner
• Know the importance of other contractual related issues such as fuelling, dry docking and repairs
• Grasp the factors that could impinge upon the performance of a Charterparty Contract such as adverse weather and delay
• Understand payment and contract settlement issues

Course Information

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

Delivered by Gerald Yee

Gerald has more than 25 years’ experience as a disputes resolution lawyer with a practice focussing on shipping, marine insurance, commodities and oil and gas disputes. His extensive experience in contentious and non-contentious shipping work includes admiralty enforcement, cargo claims, oil and gas disputes for well-known oil majors, contracts of affreightment, marine insurance and P&I matters.

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