Who should attend
This course will be of value to ship management professionals as well as to senior managers in ship management, shipowning and ship operations who wish to increase their understanding of the vital role of marine insurance and salvage.
About the course
Contracts and other obligations
BIMCO and CBS Executive have jointly developed a series of six courses which will be delivered in various locations around the world. This is the first module out of six modules.
Ship Management relies on a wide range of contracts to regulate the relationship between the manager, the ship owner and third party suppliers and customers. This calls for a thorough knowledge and expertise in assessing the obligations since Ship Managers are seen to fulfill a wide range of functions normally associated with the owner, acting both as an agent for and on behalf of the owner or as a separate legal entity, contracting for their own account. In reality, it is complicated and problems may emerge if the authority and liability is not sufficiently precise. This course aims to provide the participants with a clear understanding of the pitfalls and challenges in contracting as a ship manager. Furthermore, the course will discuss and explore the impact of the ISM and ISPS Codes.
The course consists of 3 days training
Day 1: Contracts & commercial aspects
- Principles of contract law and their relevance to the ship management agreements
- Dealing with disputes under ship management agreements
- General overview of the most commonly used contracts in the ship management sector with focus on their similarities and differences
- Case study 1
DAY 2: Shipman 2009
- SHIPMAN – Introduction
- Section 1 – Basics of the agreement
- Section 2 – Services
- Section 3 – Obligations and responsibilities
- Section 4 – Insurance, budgets, income, expenses and fees
- Management fees and expenses
- Section 5 – Legal, general and duration of agreement
Day 3: Problems & solutions
- Authority of the managers “as agents to owners”
- Case Study SHIPMAN
- The legal relationship between owner and manager
- Assessment for all participants
- Wrap up
Аndrew has been with Hill Dickinson since 2001 and has worked for the firm in London and the UAE, as well as Singapore. Before joining the firm Andrew worked as an underwriting assistant in London. Prior to that, he spent a year in China, teaching English and is a keen sailor. Andrew's practice ...
Maite Bolivar Klarup is BIMCO’s General Manager in Singapore. Maite joined BIMCO in 2016 and her main role is to provide information and advice to members on a variety of key issues- from piracy to bunker quality and navigational safety. Maite is also responsible for establishing and maintaining ...
Mayen Ekong is a lawyer with the BW Group in Singapore. Mayen advises the Group on maritime, commercial and corporate matters, with a particular focus on LNG and FSRU projects. Mayen has over 10 years experience in both corporate/commercial and maritime law and has worked on a number of significa...
Capt Michael P. Elwert is the Group Chief Executive Officer of the Elektrans Group. Michael has worked within global shipping his entire working life and has over two decades of international management experience within the international maritime industry. He has gained his global shipping acume...
Steffen’s experience covers the full range of shipping and offshore matters, from collisions, to charters, cargo claims, construction contracts and financing projects. He has handled both contentious and non-contentious cases with an emphasis on contentious work (arbitration, litigation and, incr...
Wei Zhuang is the China Liaison Officer at BIMCO as well as the General Manager of BIMCO, Shanghai office. Wei started his BIMCO career with the legal & contractual affairs department where he worked on a wide range of BIMCO’s standard contracts and clauses projects, including project develop...
Videos and materials
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.