Programme In Chartering Practice

The Chartering Practice program is a certification course offered by IIT-M Pravartak.

Experts:

Dr. Srinivasan G, Professor in the Department of Management Studies at the Indian Institute of Technology - Madras
Jude Vallabadas Carvalho, a remarkable career spanning 46 years in Shipping and Logistics
Aparna Sahana, a seasoned Supply Chain and Shipping professional with over 19 years of industry experience

About the course

The “Chartering Practice” course is designed to provide participants with practical knowledge and skills in chartering operations within the shipping industry.

The course covers a wide range of topics, from the basics of chartering to the intricacies of vessel operations and logistics services.

Participants will gain an in-depth understanding of chartering processes, documentation, vessel operations, and logistics management.

What will you learn

  • Understand the fundamentals of chartering and its importance in the shipping industry.

  • Gain practical knowledge of different types of ships, cargo, and chartering processes.

  • Learn about fixture notes, charter parties, and the responsibilities of charters and ship owners.

  • Understand the importance of vessel readiness and cargo readiness.

  • Master the loading sequence and precautions while loading.

  • Learn about departure formalities and short loading and dead freight.

  • Gain insights into the selection of suitable ships, considering technical and political restrictions.

  • Understand the documentation process involved in chartering, including fixture notes, charter parties, and lay-time statements.

  • Learn about demurrage and dispatch statements and their importance in chartering operations.

  • Gain practical insights into vessel operations, including loading sequences and departure formalities.

Who is this for

  • Professionals working in the shipping industry who want to enhance their knowledge and skills in chartering operations.
  • Individuals interested in starting a career in chartering and vessel operations.
  • Shipping and logistics professionals looking to advance their careers in chartering and logistics management.

Highlights

  • Expert-led training with experienced professionals from the industry.

  • Interactive sessions and hands-on exercises.

  • Practical insights and real-world examples.

  • Networking opportunities with industry experts.

Eligibility

  • Applicants must have completed 12th grade or its equivalent from a recognized educational board.

Pre-Requisites:

  • Basic understanding of shipping and logistics concepts is beneficial but not mandatory.

Course content

  • Module 1- Introduction

    • Introduction to shipping
    • Logistics Role in the Economy/Organization
    • Logistics and Customer Service
    • Logistics and supply chain management
    • Five P’s and 7 R’s of Logistics Management
    • Modes of Transportation
    • World Sea Routes
    • Major And Minor Ports In India
  • Module 2- Logistics Services

    • Containerization
    • Ocean Freight Rates
    • Ocean Freight Calculation
    • ICD, CONCOR, CFS 
    • Customs Brokers
    • Freight Forwarders and Consolidators
    • Shipping Agents
    • Stevedorers
    • Warehouse and distribution 
  • Module 3- Chartering

    • Role of Broker and Charter
    • Role of ship owners
    • Different types of ships and Chartering
    • Different types of cargo
    • Fixture note
    • Charter parties
    • Responsibilities of charters and ship owners
  • Module 4- Arrived Ship

    • Importance of Vessels Arrived
    • Importance of Vessel Readiness
    • Importance of Cargo readiness 
    • Loading sequence  
  • Module 5- Vessel at port

    • Precautions while loading
    • Departure Formalities
    • Short Loading and dead freight
    • Statement of fact
  • Module 6- Selecting the ship

    • Technical restrictions
    • Political restrictions  
    • Ships anatomy  
    • Details of ships  
  • Module 7- Documents collecting to chartering

    • Fixture note and charter parties 
    • Statement of facts and importance  
    • Lay-time statement  
    • Demurrage and Dispatch statement  
  • Module 8- Process of Chartering

    • The cargo 
    • The ship
    • Broker
    • Ship at port
    • Sea passage
    • Legal obligations 
    • Voyage file 
  • Module 9- Essentials of Logistics

    • Applications of Information Technology
    • Inventory Control
    • Decision Making
    • Statistics of Service
    • Technical aspects of Shipping 
    • Simulation Analysis 
₹ 23600
₹ 25500
IIT-M Pravartak Certification Course
About this course
Level

Advanced

Duration:

70 hours

Downloadable Files:
Features
  • IIT-M Pravartak Certification
  • Comprehensive Content
  • Industry expert instructors
  • Case studies and Real-world examples
  • Time flexibility
  • Cost-effective
  • Live sessions
  • Mentorship sessions
Mentorship

Aparna Sahana

Live Sessions

Jude Vallabadas Carvalho

Job Roles
  • Chartering Assistant
  • Logistics Coordinator
  • Logistics Executive
  • Shipping Coordinator
  • Shipping Executive
  • Customer Service Executive
  • Logistics Operations Assistant
  • Logistics Analyst
  • Documentation Executive
  • Cargo Supervisor
  • Shipping Agent
  • Freight Forwarding Executive
  • Port Operations Assistant
  • Inventory Control Executive
  • Supply Chain Coordinator
Partners
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