Day 1 Tuesday, 13 March 2018

Transcription

1 SEA PROF

2 Day 1 Tuesday, 13 March :00am 8:30am 9:00am Registration + morning coffee 'meet & greet' networking Course Welcome, Learning Outline and Class Introductions. Speaker: Capt Robert Gordon, Managing Director, SeaProf & NTU Adjunct Lecturer What is 'the Business of Shipping'? International Shipping: "90% of everything"? Shipping stakeholders and policy influencers. Drivers of Shipping Market Change: past history and future disruptors. Ship Types, Trades and Tonnage What is a merchant ship? How many ship types? How many ships? Primary trades and the ships built to service them. Understanding ship tonnage & market terminology. Discussion: current developments in shipping? Introduction to Hellenic Shippinging News wesbsite. Impressions? Impact on your own market sector' 10:30am Coffee Break 11:00am Speakers: Mr Wilson Foo and Mr Harry Jamieson, Shipbrokers, Fearnleys Singapore Shipping Markets - analysis and the shipbroker's forecasts Current freight rates, scrapping and order books in an improving global economy. Current trends and market forecast. Strategies for re-positioning & growth. Case Study/ Discussion: What ships would you be buying or building for the future? Dry bulkers or tankers' Containerships' Or something else7 12:30pm Lunch Break 1:30pm Speaker: Capt Pradeep Desawar, MD, Gini Maritime Consultants Technical Ship Management & Crewing Functions and obligations of the ship manager and the BIMCO 'Shipman' contract. Regulatory compliance including SOLAS, ISM & ISPS Codes, the STCW and MLC Conventions. Operational mistakes and 'safety barriers' Ensuring competence, quality & service excellence. Crew recruitment, training and team building Case Study/ Discussion: In-house ship management vs. out-sourced 3rd party management? Options and selection criteria. What must be considered? Control and cost/benefit considerations. 3:00pm 3:30pm Tea Break Speaker: Ms Sigrid Teig, former Corporate Risk Manager, Western Bulk AS Introduction to Chartering and 'making money'. Charter Party main types: Time, Voyage and Bare Boat and use of 'Standard Forms'. Chartering features: the parties, orders and positions, negotiations and reply time to agree fixtures. Risks and expenses during time, voyage and bareboat charters: who pays for what? Case Study/Discussion: Risk management in Deep-sea Shipping Who are the players? What are the risks? How do you minimise and control the risks? 5:00pm End of Day 1

3 Day 2 Wednesday, 14 March :45am 9:00am Q&A review of the three principal elements of ship management. Speaker: Dr Yap Wei Vim, Faculty Member at SUSS and NUS Adjunct Lecturer Fundamentals of Maritime Economics Developments in seaborne trade & maritime economies. Global supply and demand for sea transport. The Four Primary Markets: New buildings, Chartering, Ship sale & purchase & Scrapping. Shipping market cycles and forecasting. Economics of ports and maritime clusters. Case Study/Discussion: current economic trends and concerns? How will this impact on maritime transport supply and demand? What will be the impact on your maritime industry segment? 10:30am Coffee Break 11:00am Speaker: Mr Christian Nolting, Ship Finance Professional Essentials of Ship Finance The global ship finance markets, current challenges, trends and outlook. Sources of finance for shipping companies and the traditional role of bank finance. Why is ship finance so challenging? The risk considerations- a banker's view. Lessons learned from past shipping cycles and global restructuring. Alternative forms of ship finance, vessel valuation methodologies and asset play. Case Study/Discussion: Evaluation of an application for a ship finance bank loan. Factors for consideration and assessment. Would you approve this loan? 12:15pm Lunch Break {30 min only) 12:45pm Board bus for simulator visit 1:30pm Speaker: Mr Wong Kok Fai, Training Manager, Kongsberg Bridge Simulator Training - visit to Kongsberg Singapore The 'Human Element' as the cause of 80% of ship collisions and casualties. Use of ship bridge, engine and other simulators for both training & assessment. Demonstration of ship bridge simulators in navigation and manoeuvring mode. 'Hands on' simulator session to demonstrate situational realism to course participants. Case Study/Discussion: Can bridge simulator learning improve safety and reduce risk? What other shipboard situations can be simulated? Can simulators overcome the 'Human Element' problem? 3:00pm 3:30pm 4:00pm Board bus to return to Amara Hotel Tea break at Amara Hotel Speaker: Mr Dave Wisse, Contracts Manager, SMIT Ship Salvage & Wreck Removal 'No cure, no pay' -the underlying principle of maritime salvage. The different types of maritime casualties and emergency responses required. Role of the professional salvor and the contracts utilised. e.g. Lloyd's Open Form Who ultimately pays for salvage and pollution control and clean-up? Wreck removal and the impact of the 'Nairobi Convention'. Case Study/Discussion: Review of a developing salvage casualty that turns into wreck removal. Casualty assessment, liabilities. contracts and outcomes. Role play and responses as principal parties to the incident. 5:30pm End of Day 2

4 Day 3 Thursday, 15 March :45am 9:00am Q & A review of the Human Element issue. Speaker: Mr Gunnar Haug, Managing Director, Ulstein Asia Pte Ltd Shipbuilding Disruptions and Transitions: the Ulstein Solution The only constant in life is change! Oil prices and the negative impact on offshore exploration and production and positive impact on leisure travel. Ulstein's transition to the design and build of X-Bow expedition cruise ships and mega yachts. The high demand for renewable energy and Ulstein's transition to windfarm installation and support vessels. What lies ahead? 10:30am Coffee Break 11:00am Speaker: Mr Lewis Hart, Executive Director, Willis Towers Watson Marine Insurance in the 21st Century Risk management and marine insurance. The insurance markets and the role of the broker and underwriter. Marine cover available, including H&M, P&l and Cargo Insurance. Casualty losses, market impacts and current trends. Case Study/Interactive Discussion: What risk factors are considered by underwriters when quoting? How are insurance premiums calculated? 12:30pm Lunch Break 1:30pm 2:30pm 2:45pm 3:45pm 4:00pm 5:00pm 5:30pm Speaker: Mr Thomas Bebbington, Director, Container Logic, Singapore. Container Ships: design, operation & planning optimisation. Containership features and container types. Stowage planning aspects of container loading and discharge. Dangerous cargoes and over loaded containers. Containership stability and hull stresses. Container securing on board and ashore. Short Break Speaker: Dr Jasmine Lam, Assoc. Professor & Director of Maritime Studies, NTU Ports of the Future - Automation, the Singapore Model and Beyond. Role of ports in the global cargo transport supply and demand chain. Review of current container port operations & productivity in Singapore. Singapore's future fully automated mega ports and terminals for mega ships. Automated cranes and AGV's controlled by computer guidance. Socio-environmental impacts on neighbouring cities & communities. Short Break Convenors: Capt Robert Gordon and Dr Jasmine Lam 'Key Elements' Group Workshop and Learning Assessment: Each participant Group w ill required to choose a KES course topic to summarise & present. Each group will present their key point summarisation of their course learning. Interactive class discussion and challenges wi ll be encouraged throughout. Dr Jasmine Lam and Capt Robert Gordon. Award of SeaProf/BI Norwegian Business School certificates End of Day 3 and Close of the March 2018 KES Course

5 About the course The KES course provides a comprehensive overview of the challenging business of shipping. It's taught by senior academics and leading maritime professional so as to merge both theory and market practice. Who should attend Recent graduates and other people new the marine industry as well as those 'transitioning ' to shipping from other industries. Outcomes Course attendees will obtain a sound understanding of the business of shipping and the interdependent functions of its critically important stakeholders. This will include a close look at the world of the maritime economist, ship broker, ship manager, charterer, banker, equipment manufacturer, professional salvor, class society, marine insurer, ship planner and port operator. Learning assessment will be accomplished through interactive class workshops and attendee presentations. A Norwegian Business School and Sea Prof "Certificate of Achievement" will be awarded at the end of the course. Course fees, Training incentives and Venue Course Fees: SGD 3, (no GST) Training incentives: the MCF Training Grant will be available to eligible attendees. Please refer to for information. Location : Amara Hotel Singapore Contact details Ms Ashley Loke BI/SeaProf executive short programme administrator in Singapore. Phone: info@seaprof.com I ashley@seaprof.com Registration and more information: http :1/seaprof. com/courses/calendar/

6 htt :1/seaQrof.com/courses/calendar/ NORWEGIAN BUSINESS SCHOOL 81 Norwegian Business School One of Europe's largest business schools. Bl is the only Norwegian business school that has received the three most prestigious international accreditations. LEFMD,.,... EQUIS