Dry Cargo Chartering
This course discusses how this part of the industry works and also looks at the less familiar cargoes and trades. It describes the roles of the shipowner, the charterer and the shipbroker and also the duties of back-office staff. Readers will gain an understanding of the nuts and bolts of charter parties and different types of shipping documentation. The types of employment of ships, including various commodities and cargoes, are covered too.
Container ships have largely taken over the tasks of carrying goods to market internationally. In previous decades, these trades had been undertaken by numerous small tweendeckers. Large container ships have satisfied the promoters of economies of scale.
Liner Trades covers the types of vessels operating liner services and their trade routes, and provides a comprehensive description of modern container ship operations and management. Co-operative ventures and consortia within the various service networks are detailed as are the financial and legal aspects of the trades and various types of documentation involved.
Logistics & Multi-modal transport
Logistics is the management of a flow of goods from the point of origin to the point of delivery. The carriage of goods by sea is only part of the story. There are links at both ends of this transport chain and it is essential for shipping practitioners to take an overall view of this complex subject
Offering financial protection against maritime and transit losses, marine insurance gives the shipping industry the confidence to trade. Without the shelter from risk presented by insurance, shipping transactions and operations would be severely curtailed as players would have to rely on their own funds to cover accidents, loss or damage.
Marine Insurance delivers a valuable briefing on this important sector. Insurance and reinsurance markets are reviewed, as are the role of the marine insurance broker and London market associations, such as the International Underwriting Association. The book analyses the UK Marine Insurance Act 1906 and discusses the principles of marine insurance. In addition, it details the nuances of particular versus general average and covers indemnity and third-party liability.
Looking at policies, Marine Insurance considers facultative cargo insurance and cargo and time clauses in great detail. It includes policies and stand-alone Institute cargo clauses in full for a better understanding of the complexities involved. Claims are examined and the concepts of actual total loss, constructive total loss and compromised total loss are explained in detail.
Offshore Support Industry
Offshore Support Industry is an easy-to-read reference for those who want an overview of the technical and commercial issues involved in the chartering, ownership and management of offshore vessels. Complete with maps, diagrams and photographs, this book covers everything from the role of the support vessel to knowledge of the wider offshore industry, including exploration and production of oil and gas, together with expanded coverage of offshore renewables.
Contractually, an offshore vessel charter may share many aspects with a conventional charter party; indeed most current contracts were adapted from existing documents. But the nature of the work of offshore vessels and the environment in which they work places them in a category that requires industry-specific issues to be addressed. This has consequences for the management of vessel operations and for the information that shipbrokers need in order to operate within the industry. Offshore Support Industry also details contractual and commercial variations that are specific to this industry.
In an industry as international as shipping, it is impossible for a ship operator to have offices in every port where its ships might call. Instead, ship operators rely on a network of port agents to act as their eyes and ears to ensure the safe and secure running of their ships. As the representative of the ship, the port agent helps keep global trade moving and profits flowing.
Port and Terminal Management
Port and terminal managers have had to adapt fast to meet rising demand driven by the rapid expansion in world trade during the 21st century. Globalisation has put port models under growing pressure in increasingly competitive cargo markets. Better productivity - through expansion or more efficient use of existing assets - is crucial for economic survival.
Ship Operations and Management
The thousands of ships, vessels and craft that are trading in the world today all have to be operated and managed. For some maritime operations, the task is a straightforward one, but it becomes more challenging as the venture increases in size and complexity. Ship management and the operation of ships is a crucial branch of shipbroking.
Anyone planning to study this complex subject with a view to employment with a ship operator or a ship manager should read this book as it covers all areas that are necessary for ship operations. These will include the ship, its registration and classification, insurance, crews and bunkers. The structure of shipowning and management organisations is detailed in the book as well as the ship manager's legal relationship with others. Voyage estimating and accounting are also discussed.
Ship Sale & Purchase
Selling ships is a highly specialised and, when successful, highly profitable sector of the shipbroking market. But the process is complicated and the failure rate is high. To have a chance of succeeding, a sale & purchase broker needs to be adept at marketing, maintaining relationships, negotiating, drawing up contracts and assessing documentation
Without access to finance, the maritime industry as we know it would cease to exist. Whether it is the purchase of a ship, investment in a shipping start-up or the outlay into research and development, finance is the engine of progress in the shipping world.
Taking the lender's perspective, Shipping Finance considers the basic principles of good lending and sources of security for loans. From the borrower's angle, Shipping Finance examines different equity sources, from debt financing and the bond markets to mortgages, loans, leasing, securitisation and tax-efficient financing schemes. It also examines the all-important debt-equity balance and Islamic finance options.
The law applies in some form to every aspect of our lives, and this is especially so in shipping because it is such an international and complex business.
Nearly all practical documents of an international nature involved with shipping business are based on English law and the vast majority of international contracts for sale of commodities and the contracts of their carriage are governed by English law.
Shipping Law covers the most important areas of wet and dry law. Legal aspects of charter parties and bills of lading are examined and conventions on the carriage of goods by sea are discussed. Ship ownership and Admiralty jurisdiction, general average, salvage, towage, collision, dispute resolution and limitation of liability are considered.
Problems and disputes will arise in all aspects of shipping business and so Shipping Law will be of great value to all professionals involved in the business of shipping.
The general impression of a tanker is a huge vessel steaming from the Middle East to consumer countries full of crude oil to be refined. But the tanker trade is much larger and much more complex than that. Crude oil is just a part of it; a large part, but there are many other elements.
Crude oil is carried in very large crude carriers, or VLCCs, as well as in Suezmax, LR2 and Panamax tankers. This book explains the characteristics of each type and their typical trades. It also details other tanker trades. These include clean products such as petrol or gasoline, diesel, gasoils, jet fuels and all the other refined products.
Oil is also refined into elements called chemical feedstock, where clean fluids such as naphtha are turned into everyday chemicals and plastics. These end-products are carried around the world in chemical carriers. Gas carriers are also a branch of the tanker sector, carrying natural and petroleum gases. As well as the ships and the trades, Tanker Chartering describes types of employment and the relevant contracts.