Course description
Certificate in Ship Repair Contract Management - vessel repair management
Mismanaged ship repair contracts can be costly for maritime organisations. This distance training course provides professionals in ship repair contract management with an essential overview of the contracts which govern ship repairs ad how these can be managed effectively.
As an integral aspect of owning a ship, repairs must be coordinated and executed seamlessly, especially when damages occur short-notice. Within a practical and hands-on format, this course will enable delegates to maximise the efficiency and value of their repairs contracts. Upon completion of the course, delegates will be able to:
- Evaluate their existing business processes
- Identify key individuals and stakeholders
- Identify requirements for repairs and propose measures
- Understand jargon used in ship repair contracts
- Draft critical requirements into each contract
- Negotiate and close a contract
- Manage the performance of a contract
- Avoid, manage, mitigate and resolve disputes.
Upcoming start dates
Suitability - Who should attend?
This certificate course has been designed for professionals working with ship repair contracts, whether they are new or experienced in the field. Ideal candidates have an interest in ship repair contracting and a desire to study the processes in detail. Delegates typically come from a variety of sectors, including ship repair, ship management, classification societies, naval architecture and superyachts.
Suitable candidates may include, but are not limited to:
- Shipping company personnel and ship managers
- Project managers from shipyards and shipping companies
- Technical and operations personnel, ship designers and naval architects
- Legal, commercial and insurance professionals who deal with ship repair.
Outcome / Qualification etc.
Upon completion of this course, delegates will be awarded a Certificate in Ship Repair Contract Management from Lloyd's Maritime Academy, which is supported by Lloyd's List and the Marine Society.
Training Course Content
Delivered entirely online, this training course will cover the following topics:
Ship Repair Contracts: Background, Management Principles, Parties and Forms
- Introduction to ship repair
- Contract management background and principles
- Phases of contract management
- Parties and roles: the repair yard
- Parties and roles: the shipowner
- Other parties
- Commercial background and pressures
- Contract fundamentals
- Negotiations and the pre-contract phase
- Forms of contract
- Public procurement contracts
Processes Involved in Ship Repair
- The specification
- Identifying the shipyard work required when
- Responsibility for design work
- Familiarity with key terms
- Delivery of ship to the shipyard
- Supervision
- Owner’s supplies
- Sea trials
- Approvals and certificates
- Acceptance by class and owners
- Variations to the specification of works
- Re-delivery to the owner
- Title to the ship
Making the Contract and Financing Repairs
- Contract term
- Making the contract
- Contract issues where one party may have the right to avoid the contract
- Finance
- Implications for owner’s finance and insurance arrangements
- KPIs
Cancellations, Variations, Delays, Warranties
- Cancellation by contractor or owner
- Changes, variations and modifications to the contract
- Delay, disruptions and force majeure
- Early delivery and agreed bonuses
- Termination
- Shipyard’s warranty
Losses and Damage; Insurance and Regulatory Issues
- Loss of or damage to the ship
- Damage to the shipyard facilities
- Docking/undocking risks and stability issues
- Insurances
- Material, electronic and other interfacing between old and new equipment and materials
- Regulatory compliance and risks
Protecting Rights; Managing Risk, Liability and Disputes
- Protecting rights
- Risk management
- Types of risk inherent in ship repair
- Liabilities, exclusions and limitations
- “Himalaya” clauses
- Identifying potential liabilities and deciding course of action
- Potential liabilities incurred to third parties
- Dispute resolution and management
- Dispute resolution methods to use, including advantages and disadvantages, costs and time scale
- Choosing the legal system to govern the contract and agreed forum
- Ramifications of dispute resolution on performance of the ship repair contract.
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Lloyd’s Maritime Academy was born from Lloyd’s List. Lloyd’s Maritime Academy is the trusted brand for professional development, working with leading academic and industry bodies to provide accredited education and training where it is much needed.We are stepping up investment...