Course description
This stimulating and intellectually challenging course helps to provide candidates with the skills and knowledge required to operate successfully within the international maritime industry.The course has a strong business focus and explores the complex factors involved in the management of ships and shipping operations worldwide. Candidates will also reflect on the key aspects of maritime law, operations and risk management techniques and look at the impact of international trade on management strategies in the industry.
Upcoming start dates
Outcome / Qualification etc.
- Evaluate the executive decision-making process in the maritime industry;
- Understand the significance of shipping in the entire global supply chain;
- Comprehend how the global economy, trade, transport, stock markets, and commodity markets are closely related to shipping.
- Assess the conceptual, regulatory, operational, technical and economic aspects of the maritime industry.
- Become familiar with theoretical and practical approaches;
- Evaluate problem-solving approaches by the use of case studies and best industry practices for each Unit
Training Course Content
Fundamentals in Maritime Business
- Maritime Industry
- Ship Types and Sizes
- Maritime Economics
- Vessel Traffic & Monitoring
- Ship Reporting & monitoring
Maritime Economics
- Shipping and the economy
- Shipping and Market cycles
- The 4 shipping markets
- The supply and demand for Sea Transport
- Freight rates
- Trading areas flows
- The economics of New builds and Second-hand ships
- Politics & economics
Maritime Economics
- Shipping and the economy
- Shipping and Market cycles
- The 4 shipping markets
- The supply and demand for Sea Transport
- Freight rates
- Trading areas flows
- The economics of New builds and Second-hand ships
- Politics & economics
Financial Management in a Maritime Business
- Understanding financial terms
- Issues of Financing in the maritime industry
- The financial aspects of cargo management
- The operating statement
- Breakeven and decision making (cost / revenue relationships)
- Budgeting & Forecasting
- Financial Controls
Financial Management in a Maritime Business
- Understanding financial terms
- Issues of Financing in the maritime industry
- The financial aspects of cargo management
- The operating statement
- Breakeven and decision making (cost / revenue relationships)
- Budgeting & Forecasting
- Financial Controls
Ship Cargoes and Vessels
- Types and Nature of Marine Cargo
- Types of cargo vessels
- The Port System
- The development of containerization
- Intermodalism – Multimodal Information and the International Supply Chain
- The Liner Bill of Lading, The Through Bill of Lading, The Booking Note, Time Charter (BoxTime, Slot Charters (SlotHire)
- Marine Cargo Documentation & payment Terms
- Customs Maritime Cargo Reporting & Controls
- The Duty of Disclosure, Dangerous Goods and Port information
- Cargo Stowage and Loading
Ship Cargoes and Vessels
- Types and Nature of Marine Cargo
- Types of cargo vessels
- The Port System
- The development of containerization
- Intermodalism – Multimodal Information and the International Supply Chain
- The Liner Bill of Lading, The Through Bill of Lading, The Booking Note, Time Charter (BoxTime, Slot Charters (SlotHire)
- Marine Cargo Documentation & payment Terms
- Customs Maritime Cargo Reporting & Controls
- The Duty of Disclosure, Dangerous Goods and Port information
- Cargo Stowage and Loading
Insurance and Claims
- The duties of insurance brokers
- underwriters and claims agents
- crew injury
- explosion and fire
- collision
- salvage operations
- Cargo damage.
Insurance and Claims
- The duties of insurance brokers
- underwriters and claims agents
- crew injury
- explosion and fire
- collision
- salvage operations
- Cargo damage.
Maritime Regulations
- safety
- Security
- Environment
- Quality
- ballast water
Maritime Law and Regulations
- the Carriage of Goods by Sea Act (COGSA)
- Hague-Visby Rules
- Limitation of liability
- The International Convention Regarding Bills of Lading
Chartering Management, Negotiations & Contracts
- The process of chartering and shipbroking practices
- Negotiations
- Fixtures
- post-fixtures
- Voyage estimations
- Charter party types
Global Maritime Intermediaries
- Ship Managers
- Banking and Investment Institutions
- Ship Agents
- Classification Societies
- Bunkering Brokers
- Crew Managers
- Suppliers
- Inspectors
Port & Terminal Management
- Ports as facilitators of global
- regional trade and transport
- Port management and concession agreements
- Private vs. public Terminal Management
- Pilots and Tugs
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London Maritime Academy
London Maritime Academy provides a wide range of maritime training courses tailored to the global industry. Located in London and known for international standards, we offer diverse Classroom and Online courses taught by highly experienced experts in the maritime sector....