About the Seminar

The seminar offers a practical exploration of time and voyage charter clauses, focusing on risk and liability from a commercial perspective. Participants will gain insights into critical aspects of voyage and time charter parties, enhancing their understanding of key clauses and their implications.

Specific Areas Covered:

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.

Dates: 19, 20 & 22 March 2024

Fees: 350€ (Including tuition fees & reading material)

ICS Members are eligible to a 20% discount on all HMC Professional Maritime Seminars

Hours: 19:30 – 21:30 (GMT +2)

Ideal for:

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

Tutor & CV

Cpt. Andreas Georgiou FICS, Managing Director, Gregale (Dry Bulk) Shipping

Capt. Andreas Georgiou is born in 1973 in Athens. After graduating Leonteio Lykeio Patission in 1991, he attended the Hellenic Merchant Marine Academy and graduated in 1996 with a Bachelor in Nautical Science. He served on board Bulk Carriers, RoRos and Cruisers as well as in various Navy units as a Naval Officer. Started his career ashore as an operator of handy bulk carriers at ADRIATICO Ltd. and quickly added chartering in his activities. After being 13 years with Eurochart SA as a chartering manager, Ursa Shipbrokers in the same position, Managing Director at Grace Trading Corporation LLC and he is now the Director of GREGALE (DRY BULK) SHIPPING, operator of Dry Cargoes and Vessels. Holds a MSc in Marine IT applications and a second one on international relations. Apart from Greek which is his mother tongue, he also speaks English, French, Italian and German. Among other academic publications he has also published two more papers on correlation of the BDI with other economic figures.

More information about the seminar you can find here.