BIMCO Time Charter Masterclass, Bremen, 8-10 January 2020


Radisson Blu Hotel, Bremen
Boettcherstrasse 2
Bremen, 28195
Germany

Pricing/Ticket Info
BIMCO members: EUR 1150 Non-members: EUR 1550
Category 

Event Dates and Times
Wednesday January 8, 2020
9:00 AM  - 05:00 PM
Thursday January 9, 2020
9:00 AM  - 05:00 PM
Friday January 10, 2020
9:00 AM  - 05:00 PM
Description
The course looks at the complex business of time chartering, where shipowners give the charterers substantial control over the commercial operation of the vessel in exchange for the regular payment of hire.

Time chartering is a complex business. The shipowners give the time charterers substantial control over the commercial operation of the vessel in exchange for the regular payment of hire.
Under time charter, shipowners rely heavily on the financial standing of the charterers both in relation to the payment of hire and in relation to the indemnity, which the charterers have promised should the shipowners suffer any costs, damage, losses or liability as a result of carrying out the charterers’ orders. Similarly, the charterers rely heavily on the shipowners’ ability to provide them with the agreed service throughout the charter period as they will be entering into sub-contracts with third parties in reliance on such ability.

The aim of this course is to highlight the various problem areas and to consider ways in which parties attempt to allocate risk and so provide you with a balanced understanding of the relevant legal principles and practice.

The course will cover the following key topics:

The inter-relationship between contracts
Time charter duration
Payment of hire
Off-hire clauses
Performance claims
The charterers’ duties
The shipowners’ duties
Frustration of time charter parties
The paramount clauses
Liens
Letters of indemnity, and
Case studies.
Map
Address
Ratings
20/08/2019 17:53:08
BIMCO is the guarantee for great events

25/07/2019 11:51:22
Advertiser
BIMCO
BIMCO Training


Denmark
BIMCO BIMCO Training
Facebook LinkedIn Twitter
In a crowded world of shipping courses, BIMCO stands out as a world leader for designing and delivering training programmes on key maritime topics.

BIMCO is recognised globally for its shipping contracts and clauses and has been delivering to a wide range of trades and sectors for over 110 years. This means we have exceptional access to top industry experts and offer world class training programmes on topics where BIMCO has a unique know-how, which the industry trusts and values.

Let us help you strengthen the knowledge and skills you use on a daily basis to add value to your workplace.