Chartering Practice and Methods

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
Chartering Practice and Methods

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
Overview

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.

TUITION

€1.200

 

Meet the Instructor

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.

Overview

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.

TUITION

€1.200

 

Meet the Instructor

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.

This Certificate Aims to:

√ 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

This Certificate Aims to:

√ 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

What you’ll learn

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

Certificate awarded by BCA accredited by IMAREST
As per university regulations

What you’ll learn

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

Certificate awarded by BCA accredited by IMAREST
As per university regulations

FAQs

1

Assess the different stages of crafting, executing and reviewing a strategy.

2

Critically evaluate how these functions are applied in shipping.

3

Apply performance monitoring and management in the shipping context.

4

Evaluate Commercial Shipping Management Strategies.

Your tuition covers:

HD films per course, your own e-book, 24/7 support, professor video calls 3 times per month, extra webinars by Shipping industry titans

1

Good command of the English Language via IELTS, TOEFL or any other internationally approved English language certification.

2

Employer/Professor recommendation.

You cannot copy content of this page