The region’s largest trade event for the project cargo & breakbulk industry

Chartering Workshop 2

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08:30 - 09:00
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 08:30 10/15/2024 08:30 Registration & Networking George R. Brown Convention Center (GRB) America/Chicago

09:00 - 10:30
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 09:00 10/15/2024 09:00 Session 1: Chartering Market Practice
Introduction to Chartering Market
  • Recap market participants and their roles (owners, brokers, charterers).

  • Procedure, including cargo/vessel circulars, indications, and firm offers

Types of Charters
  • Time charter, voyage charter, bareboat charter, on contrast basis.

  • Hybrid forms and their relevance to this market. 

  • Details to be included in offers for both voyage and time charters, drafting a firm offer

Negotiation Techniques
  • Effective negotiation strategies in charter agreements - trading risk and profit. 

  • The use of Subjects.  

  • Case studies and practical examples

George R. Brown Convention Center (GRB) America/Chicago

Introduction to Chartering Market
  • Recap market participants and their roles (owners, brokers, charterers).

  • Procedure, including cargo/vessel circulars, indications, and firm offers

Types of Charters
  • Time charter, voyage charter, bareboat charter, on contrast basis.

  • Hybrid forms and their relevance to this market. 

  • Details to be included in offers for both voyage and time charters, drafting a firm offer

Negotiation Techniques
  • Effective negotiation strategies in charter agreements - trading risk and profit. 

  • The use of Subjects.  

  • Case studies and practical examples

10:30 - 11:00
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 10:30 10/15/2024 10:30 Networking Break George R. Brown Convention Center (GRB) America/Chicago

11:00 - 12:00
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 11:00 10/15/2024 11:00 Session 2: GENCON, HEAVYCON, PROJECTCON Charterparties
GENCON Charterparty
  • Detailed analysis of terms and conditions.

  • Practical application in break-bulk and general cargo contexts.

HEAVYCON Charterparty
  • Specific provisions for heavy lift and oversized cargo.

  • Key clauses and their implications.

PROJECTCON Charterparty
  • Understanding project cargo logistics and contractual nuances.

  • Case studies from real-world projects.

George R. Brown Convention Center (GRB) America/Chicago

GENCON Charterparty
  • Detailed analysis of terms and conditions.

  • Practical application in break-bulk and general cargo contexts.

HEAVYCON Charterparty
  • Specific provisions for heavy lift and oversized cargo.

  • Key clauses and their implications.

PROJECTCON Charterparty
  • Understanding project cargo logistics and contractual nuances.

  • Case studies from real-world projects.

12:00 - 13:00
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 12:00 10/15/2024 12:00 Networking Lunch George R. Brown Convention Center (GRB) America/Chicago

13:00 - 14:30
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 13:00 10/15/2024 13:00 Session 3: Laytime, Notice of Readiness and Calculation
Laytime
  • Definition and types (weather, strike, etc.).

  • Calculating laytime exceptions and exceptions clauses.

Notice of Readiness (NOR)
  • Legal requirements and practical considerations.

  • Case studies on NOR disputes and resolutions.

Laytime Calculation
  • Methods for laytime calculation (Laytime Definitions).

  • Practical exercises on calculating laytime and demurrage.

George R. Brown Convention Center (GRB) America/Chicago

Laytime
  • Definition and types (weather, strike, etc.).

  • Calculating laytime exceptions and exceptions clauses.

Notice of Readiness (NOR)
  • Legal requirements and practical considerations.

  • Case studies on NOR disputes and resolutions.

Laytime Calculation
  • Methods for laytime calculation (Laytime Definitions).

  • Practical exercises on calculating laytime and demurrage.

14:30 - 15:00
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 14:30 10/15/2024 14:30 Networking Break George R. Brown Convention Center (GRB) America/Chicago

15:00 - 16:00
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 15:00 10/15/2024 15:00 Session 4: Profit and Loss, Disputes
Financial Aspects
  • Profitability analysis in chartering operations.

  • Cost control and revenue optimization strategies.

Dispute Resolution
  • Types of disputes in charter agreements.

  • Arbitration vs. litigation: pros and cons.

Case Studies
  • Real-world scenarios and how disputes were resolved

  • Lessons learned and best practices.

George R. Brown Convention Center (GRB) America/Chicago

Financial Aspects
  • Profitability analysis in chartering operations.

  • Cost control and revenue optimization strategies.

Dispute Resolution
  • Types of disputes in charter agreements.

  • Arbitration vs. litigation: pros and cons.

Case Studies
  • Real-world scenarios and how disputes were resolved

  • Lessons learned and best practices.

16:00 - 16:30
Tuesday, October 15
George R. Brown Convention Center (GRB)
Add to calendar 10/15/2024 16:00 10/15/2024 16:00 Wrap-up and Q&A
Review and Recap
  • Summary of key points from each session.

  • Interactive Q&A session for participant queries and discussion.

George R. Brown Convention Center (GRB) America/Chicago

Review and Recap
  • Summary of key points from each session.

  • Interactive Q&A session for participant queries and discussion.