COMMODITY TRADING & CHARTERING

Transcription

1 COMMODITY TRADING & CHARTERING Supported by: Montreal April 2018

2 Day 1 Day 2 08:30-09:00 Registration / coffee 09:00-09:30 Opening remarks and introduction to BIMCO Introduction 09:30-10:30 The relationship between the sale, insurance and carriage contracts International contracts of sale 10:30-11:15 Fundamental principles of sale contracts: offer and acceptance price fitness for purpose force majeure clauses frustration. 11:15-11:30 Coffee 11:30-12:00 Fundamental principles of sale contracts (continued) 12:00-13:00 Common forms of sale contracts incoterms payment mechanisms letters of credit (UCP 600) required documentation. 13:00-14:00 Lunch Insurance 14:30-15:30 Principles of cargo and liability insurance 09:00-10:30 The shipowners duties: seaworthiness care of cargo proceeding with dispatch release of bills of lading/sea waybills etc. 10:30-10:45 Coffee 10:45-12:15 The charterers duties: nomination of ship provision of cargo payment of freight laytime and demurrage. 12:15-13:15 Lunch Carriage of goods: bills of lading 13:15-14:15 Forms of contracts of carriage: long form bills short form bills incorporation of charter clauses multimodal bills sea waybills delivery orders. 14:15-15:15 The bill of lading as a receipt: apparent order and condition number / quantity / weight issues the date of the bill. 15:15-15:30 Coffee 15:30-16:00 The transfer of rights and obligations between holders of the bill of lading 16:00-17:30 Case study 1 15:30-15:45 Coffee 15:45-17:00 Principles of cargo and liability insurance (continued)

3 Day 3 09:00-10:00 The relevance of compulsory international conventions: The Hague Rules The Hague-Visby Rules The Hamburg Rules The Rotterdam Rules. 10:00-10:30 The bill of lading as a document of title: advantages disadvantages obligation of the carrier to deliver cargo against surrender of the bill of lading. 10:30-10:45 Coffee 10:45-11:15 The bill of lading as a document of title (continued) 11:15-12:15 Dangerous cargo 12:15-13:15 Lunch 13:15-13:45 Safe ports / berths 13:45-15:15 Letters of Indemnity (LOI): delivery of cargo without bills deviation for clean bills unavailable bills under letters of credit practical checklist switch bills of lading. 15:15-15:30 Coffee 15:30-17:00 Case study 2 17:00-18:00 Final assessment Speakers Organiser Richard Williams Richard Williams was a partner with Ince & Co for 25 years and was chairman of the firm s dry shipping business group specialising in carriage of goods, charter parties and P&I issues. He was regularly consulted both by private clients and also by United Nations agencies and other international bodies in relation to industry-wide issues. He is the author of numerous articles on shipping law and is co author of the standard textbook Limitation of Liability for Maritime Claims published by Lloyds of London Press (4th edition 2005). He is now a consultant to Ince & Co and a visiting professor, teaching maritime law at Swansea University. Baris Soyer Professor Soyer is the Director of the Institute of International Shipping and Trade Law at Swansea University ( ac.uk/law/istl). He is a member of the British Maritime Law Association and British Insurance Law Association. He is the author of Warranties in Marine Insurance published by Cavendish Publishing (2001), Marine Insurance Fraud published by Informa Publishing and of an extensive list of journal articles published in elite journals such as Lloyd s Maritime and Commercial Law Quarterly, Journal of Business Law, Cambridge Law Journal, Law Quarterly Review, Torts Law Journal and Journal of Contract Law. He currently teaches Admiralty Law, Charterparties: Law and Practice and Marine Insurance on the LLM Programme, and is the Director of Shipping and Trade LLM programmes at Swansea. Peter Grube Peter Grube is Head of Training: Courses and joined BIMCO in His first position was in the Support & Advice team, where he assisted BIMCO members with a wide range of commercial issues. In 2000 he was appointed Marketing & Sales Director of BIMCO, responsible for promoting and driving forward BIMCO s global position as a leading maritime organisation. In 2005 he transferred to BIMCO Training, developing, coordinating and delivering BIMCO courses and seminars world-wide. Prior to joining BIMCO he worked in ship ownership in Copenhagen as well as sale & purchase in Greece. He is a graduate from the Danish School for International Marketing & Export and is a Chartered Shipbroker (FICS). He holds a Master s in Education and Learning from Roskilde University (RUC).

4 Venue Where will the course be held? The course venue will be confirmed approximately 8 weeks before the start of the course so we can find a suitable venue for the number of participants. Registration Fee: BIMCO members & supporting organisations: EUR 990 Non-members: EUR 1,390 Free of VAT: EU 6th VAT Directive, reverse charges apply. Private persons registering without the support of a VAT registered company, please contact bimcocourses@ics.dk. The fee includes coffee breaks, lunches and course materials but not accommodation; this should be arranged by the participant directly with the hotel. Early bird discount: A 10% discount is available if registration and payment is received by 17 February or Group discount: Signing up 3 or more participants from the same company entitles you to a 10% group discount. Please note that the early bird discount and group discount cannot be combined. How to register: Sign up online at: and click on Training. Registration will be handled on a strictly first come, first served basis. Once you have registered, a confirmation will be sent to you but you will only have a confirmed place on the course after your payment has been received. Cancellation: You can cancel up to two weeks before the course start date and receive a 50% refund of the course fee. You will not receive a refund after this date. BIMCO Informatique A/S reserves the right to update the course programme and/or cancel the course in case of insufficient advance registration. Payment: Substitution: Registration and payments will be confirmed by our conference organiser, MCI Copenhagen A/S. MCI will confirm your place by after they have received your payment. Questions about registration or payment can be directed to: confirmation@mci-group.com Tel: (Fax: ) Payment should be paid within 1 week after you have registered. After 1 week your registration will be cancelled. If you are on a waiting list and a place becomes available, you will need to pay within 24 hours to confirm your place. Substitution can be made free of charge until one week before the course begins. Visa invitation letters: Course material: Questions: If you need an invitation letter to support your visa application, contact training@bimco.org and BIMCO will issue one to you once your payment has been confirmed. BIMCO issues electronic course files as an Adobe PDF file enabling you to make personal notes using a computer or tablet. You will need to bring a computer or tablet to the course! All documentation and presentations will be in English. Questions about registration or payments to: confirmation@mci-group.com Questions about the course to: training@bimco.org

5 For more information, please contact: Bagsvaerdvej 161 DK-2880 Bagsvaerd Denmark Tel: Web: mdm-23 January :18 PM