Maritime Law & Shipping Contracts

Introduction

The study and understanding of Maritime Law and Shipping Contracts is essential for those who work in the Shipping field.  The knowledge and the contractual and international regulatory framework which underpins the Shipping Industry is paramount in dealing with issues that may arise on a daily basis in the shipping and maritime industry.

This Maritime Law & Shipping Contracts training course will provide participants with a detailed understanding of the various aspects of Maritime Law, Charter Parties, Carriage of goods by sea  and International law relating to the Law of the Sea. Also covered will be the issues that relate to Laytime and Demurrage and to minimize demurrage claims. The course will provide you with the essential skill sets to maneuver your way around the areas of the maritime claims and rights of the respective parties involved in the Shipping trade.

This GLOMACS training course will highlight:

• Essential elements which are the basis of Maritime Law
• Important elements of Charter Parties like Time and Voyage Charter Parties
• The legal basis for Bills of Lading & Contract for the Carriage of Goods and Sale of Goods
• The importance of Maritime Insurance in the Shipping Industry and how best to use it
• Resolving of Maritime Disputes and the relevant mechanisms available to parties

Objectives

By the end of this Maritime Law & Shipping Contracts training course, you will be able to: 

• Gain understanding of the fundamental basis of Maritime Law
• Gain full knowledge of the main Shipping Contracts, Treaties and International Convention affecting the Maritime Industry
• Know the full responsibilities and rights of the various parties involved in the shipping trade
• Learn to better manage the risks and liabilities involved in maritime transactions
• Know the best use of alternative dispute resolution processes to resolve claims disputes to save costs and time

Training Methodology

The training course will combine presentations with instructor guided interactive discussions between participants relating to their individual workplace. Practical exercises, video material and case studies aiming at stimulating these discussions and providing maximum benefit to the participants will support the training.

Organisational Impact

The organisation will benefit by:

• Having a team that will fully understand the fundamentals of Maritime Law and Practise
• Manage risks and liabilities involved including the negotiating and drafting of maritime contracts
• Saving costs and management time in resolving maritime claims by honing the skills of the claims management team
• Providing options to management on how best to deal with shipping contracts claims and the solutions that are available
• Analysing and strategizing on the best approach to handles maritime disputes resulting from claims

Personal Impact

This training course teaches the competencies that enable delegates to:

• Understand the essential aspects and basis of Maritime and Shipping matters
• Improve understanding of how maritime claims can be made and or resolved
• Gain an understanding of the basis of laytime and demurrage and how to minimize demurrage claims
• Gains skill sets to be better prepared to deal with difficult issues relating to claims
• Knowing different dispute resolution methods used in resolving these maritime disputes