Academic Path

WORKSHOP ON SHIP TANKER BUSINESS MANAGEMENT AND CHARTERING PRACTICES

Programme Highlight

Day 1
The program is specially design to create better understanding to the student in ship tanker management and chartering business. A part of the module helps students to have a basic knowledge on the basic contruction and characteristics of a ship structure and also assist students to familiarize with cargo types, operational matters with regards to cargo handling. This workshop also design in such that the participants be able to understand better regarding the elementary theory of economics and finance as applied to the shipping sector.

Day 2
The programmes emphasized the importance of understanding charterparty contract, since is a legal contract of employing a vessel. In shipping matters, it is a highly important document since it allocates obligations, rights, duties, liabilities, risks, earnings, costs and profits between the contracted parties, namely, the shipowner and the charterer. The interpretation of the above mentioned matters, as well as the understanding of charterparty terms, is considered of critical importance in chartering practice. Therefore, this programs constitutes a review of the most important aspects arising from charterparties in the main types of charter.