Seminar Contents

1. The relationships between sales, financing and carriage contracts

• The sales contract as the basic agreement
• Financing and financial instruments
• The contract of carriage

2. Charterparties

• Types of charterparties
• Charter forms
• Common clauses and its concepts

3. Chartering Routines

• Preliminary matching
• Negotiations
• Follow-up / post fixtures
• Claims & Remedies

4. Chartering Contract

• Terms of the Contract
• Performance of Contract: Loading
• Performance of Contract: The Voyage
• Performance of Contract: Delivery
• Time Charters

5. Bills of Lading (B/L)

• Carriage of Goods By Sea Act (COGSA)
• The nature & functions of the Bills of Lading
• Common flaws and legal issues of the B/L
• Electronic Data Interchange (EDI)
• BOLERO paperless trading

6. Letter of Indemnity (L.O.I.)

• The use of L.O.I.
• The strengths and weaknesses of the L.O.I.
• Recovery of the L.O.I.

7. Other Legal & Chartering Issues

• Demurrage
• Freight
• Lien
• Salvage & Wreck
• General Average