Presented by
Falconbury

Reviewing and Understanding International Shipping Contracts

A practical seminar delivering best practice, techniques and tips for documents used in the international sale of goods carried by sea.

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  • Format: Bespoke training
  • CPD: 12 hours for your records (depending on your requirements)
  • Certificate of completion

Course Overview

This In-house programme focuses on the documents used in the international sale of goods carried by sea. These documents are of interest not only to shippers and carriers but also to sellers, buyers, bankers and insurers. The expert trainers will focus on the problem areas of the different types of contracts under the spotlight – the areas which normally lead to disputes and claims if they are overlooked or misunderstood.

The programme also covers some important related areas including the regulatory background and the role of the many international conventions that govern the Law of the Sea; competition law aspects; and cargo claims which will be the focus of an interactive workshop session.

Benefits of this programme

  • Master the basic principles of the most frequently used contracts for the international sale of goods carried by sea
  • Understand the main obligations under trading contracts
  • Learn about the complexities of letters of credit
  • Gain an understanding of the types of contracts that are used for salvage, towage and wreck
  • Become familiar with the insurance contract and the rights and obligations of the parties
  • Get up-to-date with the regulatory background and the various conventions governing the carriage of goods by sea
  • Find out more about letters of credit and the documents that are necessary for payment
  • Discover how to deal effectively with disputes which may arise in shipping contracts

Programme - Day 1

Contracts of carriage – Bills of Lading

  • Functions of bills of lading
  • Reflecting the condition of the goods
  • Complying with the terms of the sales contract

The cargo conventions

  • Hague/Hague Visby
  • Hamburg Rules

Contracts of carriage – Time Charters

  • Commercial considerations
  • The right to subsitute
  • The obligation to substitute
  • Substitution by charterers

Contracts for salvage, towage and wreck

  • Salvage – the statutory background
  • Lumpsum or LOF?
  • Scopic and Article 14
  • Standard form towage and wreck removal contracts

Trading contracts

  • Goods and shipment
  • How good must the goods be?
  • Sampling clauses
  • Certificate final clauses
  • Extension clauses
  • Loading and discharge
  • Laytime and demurrage clauses
  • Force majeure clauses and frustration

Letters of credit

  • Relevant documents
  • Problems in string sales
  • The responsibilities of the bank
  • Strict compliance
  • Payment under reserve
  • Remedies for wrongful tender under the letter of credit

Contracts of carriage – Voyage Charters

  • Distinguishing the Voyage Charter from other forms of contracts of carriage
  • The standard forms and standard clauses
  • The risks for the “owner” – managing the key rights and obligations of the “owner”
  • The risks for the charterer – managing the key rights and obligations of the charterer
  • Piggy in the middle – the position of the voyage charterer in a chain of contracts of carriage

Questions and discussion

Close of day one

Programme - Day 2

The insurance contract
  • Making the contact
  • Insured perils
  • The claims
  • P&I

Cargo claims – an interactive workshop
An examination of the implications of cargo claims for all the parties to the various contracts.

Contracts of affreightment

  • Main characteristics
  • Nomination procedure and potential problems
  • Nomination clauses
  • Working hours
  • Nomination failure

Competition law and shipping contracts

  • A review of competition law issues in the shipping world paying particular attention to shipping contracts
  • Market sharing
  • Pricing
  • Information exchange
  • Terms in Charter Parties, Consortia, Liner Conference and Port Services Agreements

Contracts for the international sale of goods

  • Incoterms, international conventions and trade associations
  • Types of international sales contracts – CIF and FOB
  • Implied terms including sale of Goods Act terms
  • Passing of property and risk

Dealing with disputes in shipping contracts

  • Litigation, arbitration or ADR? The agony of choice
  • May the best man win – choice of forum
  • Costs – unavoidable but manageable
  • Challenges to jurisdiction and other spoiling tactics
  • How did it come to this? The scope for appeals

Questions and discussion

Close of day one

Jeffrey Blum

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Jason Chuah

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Marcus Dodds

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Graham Harris

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Susan Hawker

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Marjorie Holmes

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Julian Morgan

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Nevil Phillips

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Andrew Rigden Green

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Run Reviewing and Understanding International Shipping Contracts Bespoke training for your team

2 days

Typical duration

Pricing from:

  • GBP 800
  • Per attendee
  • Course tailored to your requirements
  • At your choice of location, or online

 

We don't have any currently scheduled dates for this course but we can customise it to your requirements and deliver it on an in-house basis for any number of your staff or colleagues.

Contact our in-house training expert Aleksandra Beer to discuss your requirements:

Germany

  • GEFO Gesellschaft fur Oeltransporte mbH
  • Hapag-Lloyd AG
  • HARMS BERGUNG TRANSPORT & HEAVYLIFT GMBH & CO KG
  • J Muller Breakbulk Terminal GmbH & Co KG
  • OCEANWIDE SHIPPING & CHARTERING GMBH
  • Sloman-Neptun

UK

  • Andrew Jackson Solicitors
  • K Line Europe Ltd
  • Nigeria LNG Ltd
  • OSG Ship Management (UK) Ltd
  • SCF UK LTD
  • The Bristol Port Company

Belgium

  • HESSENOORDNATIE nv

Chile

  • Compañia Sud Americana de Vapores S.A.

Denmark

  • Atlas Bulk Shipping

Estonia

  • Tschudi Shipping Company Ltd

Finland

  • Neste Oil OYS

France

  • BOURBON MARITIME

Greenland

  • Royal Artic Line AS

Nigeria

  • OMAK MARITIME LTD

Norway

  • Norgas Carriers

United Arab Emirates

  • FAL SHIPPING CO LTD

Multiple colleagues?
Talk to one of our training experts to discuss how to:

Run this course conveniently and cost-effectively in-house for your staff and colleagues

Aleksandra BEER
Training expert

+44 (0)20 7749 4749

inhouse@ipi.academy