The maritime industry operates within complex market dynamics, involving multiple stakeholders and continually evolving regulatory requirements. The BIMCO Maritime Chartering Academy addresses these challenges through a four-day training programme designed to equip participants with in-depth knowledge and practical skills. Participants will gain insights and new tools necessary to effectively navigate the chartering processes and understand market conditions and industry developments.
Starting with foundational concepts, we will explore market dynamics, chartering fundamentals, and freight indices, gaining insights into market segmentation across dry bulk, tanker, container, and offshore sectors. The program progresses into detailed examinations of voyage and time charter forms, specialised agreements, and rider clauses before addressing critical operational topics such as regulatory compliance, emerging fuels, and digital transformation. The final days cover legal considerations, risk management strategies, geopolitical impacts, and practical dispute resolution techniques, all enriched by real-world case studies and interactive sessions. This integrated approach equips participants to effectively handle the strategic, operational, and legal dimensions of modern maritime chartering.
Discounts
10% group discount is available for registering 3 or more participants from the same company.
What will you learn?
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Understand the broad fundamentals of global shipping markets, including dry bulk, tanker, container, and offshore sectors.
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Analyse key supply and demand factors influencing charter rates and market dynamics.
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Identify and strategically select appropriate charter forms (voyage, time, bareboat) based on operational requirements.
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Master the mechanics of standard charter party agreements designed to broadly cover all aspects of time or voyage chartering, compared with bespoke charter party forms.
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Interpret freight market data effectively to make informed chartering decisions.
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Navigate and mitigate commercial, operational, and legal risks through negotiation and drafting of charter parties.
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Gain practical insights into regulatory compliance challenges, including FuelEU Maritime, ETS, CII, and EEXI and how this is covered contractually.
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Proactively manage geopolitical risks, sanctions, disputes, cargo claims, and force majeure events in chartering contracts.
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Collaborate effectively with P&I clubs and marine insurers to strengthen risk management and enhance contractual protection.
Download Maritime Chartering Academy - Singapore Programme PDF (*additional speakers to be added)
Why Choose to Participate?
Participation significantly enhances attendees' understanding of market dynamics, charter party negotiation strategies, and effective risk management in maritime contracts. The condensed curriculum, delivered by leading experienced industry practitioners handpicked by BIMCO, addresses critical areas such as market segmentation, specialised charter forms, and compliance with emerging environmental regulations, including FuelEU Maritime and CII. Through case studies and interactive exercises, attendees will develop new practical skills for interpreting freight market indices, selecting appropriate charter agreements, and managing operational risks. The programme is organised and delivered by BIMCO and ensures relevant insights, practical guidance, and up-to-date knowledge, reflecting BIMCO’s key role in the global shipping industry.
Course certification
Participants will receive a Certificate of Attendance.
Course materials
BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes using a computer or tablet. Please bring a computer or tablet! All documentation and presentations will be in English.
Note
The course fee includes lunch, coffee, and a welcome dinner. However, accommodation and transportation are not included and must be arranged individually.
