Shipping Operations Management

Course Info

Date: Jan-20-2025

Length: 1 Week

City: London

Fees: 5,450

Type: In Classroom

Available Dates

  • Jan-20-2025

    London

  • Feb-17-2025

    London

  • Mar-17-2025

    London

  • Apr-21-2025

    London

  • May-19-2025

    London

  • June-16-2025

    London

  • July-21-2025

    London

  • Aug-18-2025

    London

  • Sep-15-2025

    London

  • Oct-20-2025

    London

  • Nov-17-2025

    London

  • Dec-15-2025

    London

Dates in Other Venues

  • Dec-02-2024

    Dubai

  • Dec-02-2024

    Istanbul

  • Dec-02-2024

    Rotterdam

  • Jan-06-2025

    Istanbul

  • Jan-06-2025

    Rotterdam

  • Jan-13-2025

    Athens

  • Jan-13-2025

    Hamburg

  • Jan-27-2025

    Dubai

  • Feb-03-2025

    Istanbul

  • Feb-03-2025

    Rotterdam

  • Feb-10-2025

    Hamburg

  • Feb-10-2025

    Athens

  • Feb-24-2025

    Dubai

  • Mar-03-2025

    Istanbul

  • Mar-03-2025

    Rotterdam

  • Mar-10-2025

    Athens

  • Mar-10-2025

    Hamburg

  • Mar-24-2025

    Dubai

  • Apr-07-2025

    Rotterdam

  • Apr-07-2025

    Istanbul

  • Apr-14-2025

    Athens

  • Apr-14-2025

    Hamburg

  • Apr-28-2025

    Dubai

  • May-05-2025

    Rotterdam

  • May-05-2025

    Istanbul

  • May-12-2025

    Athens

  • May-12-2025

    Hamburg

  • May-26-2025

    Dubai

  • June-02-2025

    Rotterdam

  • June-02-2025

    Istanbul

  • June-16-2025

    Hamburg

  • June-16-2025

    Athens

  • June-23-2025

    Dubai

  • June-30-2025

    Istanbul

  • June-30-2025

    Rotterdam

  • July-07-2025

    Istanbul

  • July-07-2025

    Rotterdam

  • July-14-2025

    Hamburg

  • July-14-2025

    Athens

  • July-28-2025

    Dubai

  • Aug-04-2025

    Istanbul

  • Aug-04-2025

    Rotterdam

  • Aug-11-2025

    Athens

  • Aug-11-2025

    Hamburg

  • Aug-25-2025

    Dubai

  • Sep-01-2025

    Rotterdam

  • Sep-01-2025

    Istanbul

  • Sep-08-2025

    Athens

  • Sep-08-2025

    Hamburg

  • Sep-22-2025

    Dubai

  • Sep-29-2025

    Rotterdam

  • Sep-29-2025

    Istanbul

  • Oct-06-2025

    Istanbul

  • Oct-06-2025

    Rotterdam

  • Oct-13-2025

    Hamburg

  • Oct-13-2025

    Athens

  • Oct-27-2025

    Dubai

  • Nov-03-2025

    Rotterdam

  • Nov-03-2025

    Istanbul

  • Nov-10-2025

    Athens

  • Nov-10-2025

    Hamburg

  • Nov-24-2025

    Dubai

  • Dec-01-2025

    Rotterdam

  • Dec-01-2025

    Istanbul

  • Dec-08-2025

    Hamburg

  • Dec-08-2025

    Athens

  • Dec-22-2025

    Dubai

  • Dec-29-2025

    Istanbul

  • Dec-29-2025

    Rotterdam

Course Details

Course Outline

5 days course

Fundamentals of Ship Management

  • OVERVIEW OF THE GLOBAL MARITIME INDUSTRY
  • International trade and the global shipping network
  • Identify how vessels are measured and described
  • Understand how cargo loaded on a vessel is identified and quantified 
  • Ship registration and the options available to a shipowner/operator
  • The organisations responsible for regulating ‘safety at sea’ issues
  • Options available to an owner/operator when insuring a vessel

UNDERSTANDING THE COMMERCIAL OPERATIONS OF SHIP OWNERSHIP OR MANAGEMENT

  • The various options available to a ship owner/operator to earn revenue
  • The interests involved in overseeing a successful commercial voyage
  • Identifying the costs involved in operating a ship
  • The benefits and design of an appropriate financial model

UNDERSTANDING VARIOUS SHIP TYPES AND CREWING CHALLENGES

  • Learn how various types of ships are identified
  • The challenges facing ship crewing agencies to meet the demand for trained seafarers
  • Crew compliments on various classes of ships
  • Flag State remuneration arrangements
  • IT Fremuneration arrangements
  • Passenger ships contract arrangements

UNDERSTANDING SHIPPING CONTRACTS

  • BIMCO freight, chartering, wreck removal, agency, crew engagement etc.
  • Identify common acronyms used by shippers, buyers and ship operators
  • Identify advantages/disadvantages of FOB and CIF contracts
  • The purpose and use of a Bill of Lading
  • The use of a Letter of Credit to meet an international debt obligation
  • The use of SALEFORM 2012 when buying or selling a vessel
  • The use of a Letter of Indemnity and a Booking Note

THE CHARTER MARKET – THE COMPLEXITIES AS IT RELATES TO CARGO AND SHIPPING

  • The most commonly used charter parties used today
  • The difference between a voyage charter and a time charter
  • The options for sub-chartering
  • Evaluate indices such as the Baltic Dry Index (BDI) and identify the risks involved in spot chartering compared to time chartering
  • Identify how Laytime is calculated and the calculation of demurrage and dispatch

Course Video