The Introduction to Shipping Masterclass is a fine-tuned overview of everything that is important in shipping, from the ships and their crews, to cargoes, trade routes, freight rates and insurance. It is aimed at bringing up to speed those who require a working knowledge of shipping and all its aspects to better understand this highly complex and dynamic global sector.

14:00

What is shipping The history, the activities, the market sectors and world trade

14:25

The ships Ship types, sizes, speed and running costs

14:50

The people Manning, organisation, training and daily work. Ships’ agents and other port interaction

15:20

Navigation and propulsion Where are we? Where are we going? Ship machinery, navigation and communications

15:45 Coffee

15:55

Regulation and control Flag state, port state, International conventions, EU regulation and International MoU

16:20

Earning money Charters, brokers, banks, buying and selling ships (data in appendix)

16:40

Ports Geography, infrastructure, utility and organisation

16:50

Safety and pollution Water and atmospheric pollution, ship safety, ship breaking and salvage

17:10

Class and insurance Class, P & I, Hull and Machinery, General average etc and size of risk

17:30 Finish