Dates: 11, 13 & 14 April 2022
Duration: 3 Online Sessions
Hours: 19:30 – 21:30 (GMT +2)

Fees: 350 € (Including tuition fees, ICS Book & reading material)
ICS Members are eligible to a 20%discount on all HMC Professional Maritime Seminars

ABOUT THE SEMINAR

A practical approach to time and voyage charter clauses pertaining to risk and liability from a commercial point of view.

Specific Areas Covered:

• Voyage Charter
• Vessel description: Understand the differences when giving, even as indicative, speed and consumption on a voyage charter and when not
• Port Charter/Berth Charter:  Tendering NOR, when, how, potential risks by tendering NOR the wrong way. Does NOR need to be tendered again after holds fail?
• Distribution of Risks:  Owner/Charterer position on a voyage CP. Understand the different risks involved and how one can safeguard his interests
• Lay/Can: Cancelling clause, Common Law requirements, notice to narrow or move Lay/Can
• Laytime: Understanding Lay time, when is it triggered and stopped. Case study on load/discharging with barges
• Deduction from Freight: Setting off damages of an injured party against agreed sums
• Freight Payment: When is freight due, right to freight, lien
• Standard Set of Clauses:  A quick snapshot of a Voyage CP in terms of clauses
• Time Charter
• Vessel Description: Understanding the meaning of “ABOUT” and “WOG” as well as their consequences
• Hire Payment: Understand the difference of hire payment being a primary and an absolute obligation and why it not excused to fail it
• Suspension of Service: Explanations on Cl. 15 / NYPE 46
• Underpayment: Explanation on Withdrawal for Underpayment
• Liens: Contractual Liens and how they work
• Speed and Bunker Consumption: Understand how we can form and/or avoid and underperformance claim
• Charterers’ Orders: Explain and thoroughly understand how Charterers Orders should be issued to avoid misunderstandings

ONLINE LEARNING
The seminar will be delivered exclusively online by fully tutored live learning. Once your registration is completed, you will receive an email with all the information and the link for the webinars. For your participation no special equipment is needed except a camera and a microphone.

IDEAL FOR:

Commercial Managers, Operations & Chartering Executives, Brokers & Traders, Legal & Marine, Insurance professionals