Commercial Shipping Operations Course

Commercial Shipping Operations Course Brochure

Course Summary


Wade Maritime under its ALTUS training programme is proud to present our specialist Commercial Shipping Operations course. This course is essential for you to get an in-depth understanding of commercial shipping operations including structure of shipping market, voyage costs, charterparties,
post fixture operations, Laytime and Demmurage, Disputes and Resolution.

The knowledge gained through the experience of our expert panel of speakers will help you to streamline your commercial operations, avoid costly disputes and reduce associated costs in these times of difficult market situation. Over these days on intensive discourse, our expert panel of speakers will cover various charter-parties, their application and discuss real life situations for
better understanding of the concept. You will be able to get expert advice on your present issues in your day to day operations related to charter-parties, negotiations, voyage estimation, disputes and
their resolutions.

Course Contents


The Shipping Industry & Market Structure

- Types of Vessels, Trade Routes, Legal & Regulatory Bodies, Stakeholders, Freight markets.


Tanker & Dry Bulk Vessel Operations

- Cargo Operations, COW, IG, Pumping, Stowage Factors, Angles of Repose, Cargo Measurement.


Voyage Estimating: Dry Cargo Freight & Tanker World Scale


- Elements of Voyage Estimating, Techniques & Calculations.


Tanker & Dry Bulk Charter-Parties

- Different Types, Responsibilities of Players, Key Clauses and Terms, Owners & Charterers Issues and Negotiation.


Laytime and Demurrage, Despatch and Detention


Calculation of Laytime and Demurrage


Exceptions to Laytime and Demurrage


Disputes, Conflicts and Resolution




Method of Delivery and Teaching Aids


The delivery of the course is covered in a number of ways:

Course notes
Each delegate receives a manual with all of the course notes and material presented on the course plus copies of supporting material.

These represent the core of the programme in which the course presenters address each of the above topics with the help of power point presentations and any other relevant visual aids.

Open discussions
Throughout the course, participants are encouraged to debate issues. The course presenters are able to speak from their own practical experiences when emphasizing particular points.
Questions and answers

Participants are encouraged to ask questions, either to seek clarification of certain points or to ask about particular issues relating LNG Value Chain.



Course Speakers

The course presenters are well- known personalities in the maritime world and include;

Mr. Jeffrey Blum FICS FCIArb SMLMAA Director, Interlink International Trading (UK) Ltd.

Mr. Dinesh Kutty, DGM Chartering, SCI.

Capt. Rohit Bhatia Master Mariner MSc MNI Director, Wade maritime Consultants Pvt. Ltd.

Mr. Joy Thattil, Joy Thattil & Co. Maritime Lawyer


Who Should Attend

The supply, trading and risk management departments in shipping companies, the commercial and operations departments in the shipping affiliates or divisions of major oil & bulk operators, ports & ship owning companies, the planning and financial departments of shipping companies,
banks and financial institutions involved in shipping finance, accountants and legal firms dealing with commodity transportation issues, trading and distribution companies and anybody else working in the maritime transportation sector.


More Info