The module provides an insight to charter party types and clauses. The relevant chartering procedures are effectively presented and students have the possibility to apply such knowledge in a simulated environment.
Duration
4 Weeks
Format
Online
Language
English
Start date
Monthly
Accredited by
The module provides an insight to charter party types and clauses. The relevant chartering procedures are effectively presented and students have the possibility to apply such knowledge in a simulated environment.
- Duration
4 Weeks - Format
Online - Language
English - Start date
Monthly - Accredited by
The module provides an insight to charter party types and clauses. The relevant chartering procedures are effectively presented and students have the possibility to apply such knowledge in a simulated environment. In particular the simulated process includes: market research, offers, counteroffers, presentations and misrepresentations, agreement on subjects, recap. Negotiation techniques and procedures and voyage estimation is thoroughly addressed.
The main clauses of charter parties are examined in a comparative style in order to enhance the understanding of the consequences of different wording. Furthermore a holistic approach to charter party is adopted focusing on the evaluation and comparison of charter parties based on total revenue. To this end a thorough examination of laytime calculation is undertaken.
Meet the Instructor
Panagiotis Magoulas
Shipbroker at Doric Shipbrokers SA
Mr. Panagis Magoulas holds an MSc in Maritime Studies and International Transport from University of Wales, Cardiff College (1998), and a BSc in Business Administration from State University of New York, New Paltz College (1994) as well an Associate’s Degree in Business Administration from State University of New York, Empire State College (1992).
Since 1999 he has been working as a full time Chartering broker in Doric Shipbrokers S.A. in Athens. His main core of business is dry cargo chartering of handy up to supra size ships. He is a member of The Baltic Exchange in London since 2006 and a panelist for the Baltic Handysize Index (BHSI).
He has attended in an Educational Program on Shipping Derivatives and Risk Management, from The Research Centre of Athens University of Economics and Business in 2005.
The module provides an insight to charter party types and clauses. The relevant chartering procedures are effectively presented and students have the possibility to apply such knowledge in a simulated environment. In particular the simulated process includes: market research, offers, counteroffers, presentations and misrepresentations, agreement on subjects, recap. Negotiation techniques and procedures and voyage estimation is thoroughly addressed.
The main clauses of charter parties are examined in a comparative style in order to enhance the understanding of the consequences of different wording. Furthermore a holistic approach to charter party is adopted focusing on the evaluation and comparison of charter parties based on total revenue. To this end a thorough examination of laytime calculation is undertaken.
Meet the Instructor
Panagiotis Magoulas
Shipbroker at Doric Shipbrokers SA
Mr. Panagis Magoulas holds an MSc in Maritime Studies and International Transport from University of Wales, Cardiff College (1998), and a BSc in Business Administration from State University of New York, New Paltz College (1994) as well an Associate’s Degree in Business Administration from State University of New York, Empire State College (1992).
Since 1999 he has been working as a full time Chartering broker in Doric Shipbrokers S.A. in Athens. His main core of business is dry cargo chartering of handy up to supra size ships. He is a member of The Baltic Exchange in London since 2006 and a panelist for the Baltic Handysize Index (BHSI).
He has attended in an Educational Program on Shipping Derivatives and Risk Management, from The Research Centre of Athens University of Economics and Business in 2005.
√ provide, enhance and develop knowledge of the chartering procedures (dry cargo and tanker), taking into consideration all parties involved in the process
√ develop students’ ability to assess the relevant market reports in order to determine and propose the proper chartering strategy for the company
√ develop students’ ability to effectively apply legal knowledge on the charter party drafting and negotiation stage
√ provide, enhance and develop knowledge of the chartering procedures (dry cargo and tanker), taking into consideration all parties involved in the process
√ develop students’ ability to assess the relevant market reports in order to determine and propose the proper chartering strategy for the company
√ develop students’ ability to effectively apply legal knowledge on the charter party drafting and negotiation stage
At the end of the module the learner will be able to:
Demonstrate a critical understanding of charter market reports and other sources of market information
Apply techniques to effectively undertake a voyage estimation and laytime calculation and analyse its results
Implement and critically interpret the procedures relating to charter party drafting and the wording of main clauses of charter parties
Make sound judgements and communicate the necessary changes of charter party clauses in order to protect the interests of the owner / charterer
Develop personal effectiveness in terms of chartering practice and methods and reflect constructively on their own learning experience for future decision-making skills
ASSESSMENT STRATEGY
Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types
of assessments: case study, essay, report, dissertation, market analysis,project output, valuation, etc.
In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.
FINAL AWARD
Diploma awarded by BCA accredited by GIME
As per university regulations
At the end of the module the learner will be able to:
Demonstrate a critical understanding of charter market reports and other sources of market information
Apply techniques to effectively undertake a voyage estimation and laytime calculation and analyse its results
Implement and critically interpret the procedures relating to charter party drafting and the wording of main clauses of charter parties
Make sound judgements and communicate the necessary changes of charter party clauses in order to protect the interests of the owner / charterer
Develop personal effectiveness in terms of chartering practice and methods and reflect constructively on their own learning experience for future decision-making skills
ASSESSMENT STRATEGY
Based on the Programme Specification, students are formally assessed through the submission of coursework. The forms of coursework depend on the characteristics of each module and may include the following types
of assessments: case study, essay, report, dissertation, market analysis,project output, valuation, etc.
In addition each module incorporates multiple self-assessment tests. Self-assessment tests are not part of the formal assessment but completion is strongly encouraged as students will be able to monitor and evaluate their learning process and identify areas requiring improvement.
FINAL AWARD
Diploma awarded by BCA accredited by GIME
As per university regulations