Shipbroking and Chartering Practice 8th edition by Anthony Papadopoulos, Evi Plomaritou – Ebook PDF Instant Download/Delivery: 0367871017 , 978-0367871017
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ISBN 10: 0367871017
ISBN 13: 978-0367871017
Author: Anthony Papadopoulos, Evi Plomaritou
Now in its eighth edition, this classic text is a first point of reference for anyone looking to obtain an understanding of chartering and shipbroking practice. It provides hands-on, commercially-focused explanations of chartering business and invaluable advice on how the shipping market operates across a broad range of topics. The authors also deal expertly with the legal, financial, operational and managerial aspects of chartering, offering numerous case studies which clearly link theory to practice.
Shipbroking and Chartering Practice 8th Table of contents:
Chapter 1 Charter market
1.1 Segmentation of the charter market
1.1.1 Chartering definitions
1.1.2 Charter market segments
1.1.3 Bulk shipping v liner shipping
1.2 Cargoes
1.2.1 Bulk cargoes
1.2.2 General cargoes
1.2.3 Factors affecting whether a cargo is suitable for bulk or liner shipment
1.2.4 Loading factors for dry and liquid bulks
1.3 Vessels
1.3.1 Bulk carriers
1.3.2 Tankers
1.3.3 Gas carriers
1.3.4 Offshore vessels
1.3.5 Combined carriers
1.3.6 Containerships
1.3.7 Multi-purpose vessels
1.3.8 General cargo vessels
1.3.9 Reefer vessels
1.3.10 Ro/Ro vessels and passenger ships
1.3.11 Car carriers
1.3.12 Small vessels
1.3.13 Specialised vessels
Chapter 2 Charter rates and state of the freight market
2.1 Freight market mechanism
2.2 Liner pricing aspects
2.3 Determinants of the fixture rate in the open chartering market
2.4 Freight market analysis and state of the market
2.4.1 Dry bulk market
2.4.2 Tanker market
2.4.3 Gas carriers market
2.4.4 Containerships market
2.5 Freight indices
2.6 Freight derivatives
Chapter 3 Chartering information
3.1 Types and importance of information
3.1.1 Market reports
3.1.2 Orders
3.1.3 Position lists
3.1.4 Indications
3.1.5 Offers/counter-offers
3.1.6 General sources of information
3.2 Information centres
3.2.1 Baltic Exchange
3.2.2 Baltic and International Maritime Council (BIMCO)
3.2.3 International Association of Dry Cargo Shipowners (INTERCARGO)
3.2.4 International Association of Independent Tanker Owners (INTERTANKO)
3.2.5 Federation of National Associations of Shipbrokers & Agents (FONASBA)
3.2.6 Institute of Chartered Shipbrokers (ICS)
3.2.7 Association of Ship Brokers and Agents (USA) Inc. (ASBA)
3.3 Information network
3.4 Information coverage
3.5 Information handlers
3.5.1 Shipbrokers (chartering brokers)
3.5.2 Port agents
3.5.3 Liner agents
3.5.4 Forwarding agents (freight forwarders)
3.6 Means of communication
3.7 Information flow and time factor
Chapter 4 Chartering business and ship management
4.1 Ship ownership
4.2 Ship management
4.2.1 Ship management definition
4.2.2 Ship management services
4.2.3 Ship management models
4.3 Importance of commercial management
4.3.1 Decision-making in commercial management
4.3.2 Example of vessel routing and chartering alternatives
4.3.3 Commercial management highlights from a chartering business perspective
Chapter 5 Chartering policy and marketing strategy
5.1 Chartering policy of charterers and shippers
5.1.1 Charterers’ requirements in the liquid bulk (tanker) market
5.1.2 Charterers’ requirements in the dry bulk market
5.1.3 Shippers’ requirements in the liner market
5.1.4 Decision-making process and buying behaviour of charterers and shippers in bulk and liner markets
5.2 Chartering policy of shipowners
5.2.1 Chartering policy of shipowners in bulk and liner markets
5.2.2 Commercial risks faced by shipowners in chartering
5.2.3 Factors affecting shipowners’ chartering policy in bulk and liner markets
5.3 Marketing of shipping companies as a tool for improvement of chartering policy
5.4 Shipping marketing with customer orientation
5.5 Marketing strategy and chartering policy of shipping companies
5.5.1 Strategies related to shipping marketing mix
5.5.2 Differentiation and positioning strategies
Chapter 6 Sales contract, carriage of goods by sea and bill of lading
6.1 General remarks
6.2 The sales contract as the basic agreement in the export transaction
6.3 Incoterms® rules
6.3.1 Risk, cost and liability distribution in the transport chain
6.3.2 Incoterms® 2010 rules
6.4 Documentary Letter of Credit
6.4.1 Introduction
6.4.2 How the documentary credit works
6.4.3 Documents required in the documentary credit
6.5 Carriage of goods by sea, transport documents and bill of lading
6.5.1 Introduction to the carriage of goods by sea international conventions
6.5.2 Relationship between carriage of goods by sea and other means of transportation
6.5.3 Bill of lading and other transport documents
6.5.4 Bankability of transport documents
6.5.5 Interface between the contract of carriage and sales of cargo
6.5.6 Types of bills of lading
6.5.7 Electronic commerce
6.6 Carrier’s liability
6.6.1 Liability for cargo under charterparties
6.6.2 Sea carrier’s liability statutory regime
6.6.3 Compulsory nature of liability rules
6.6.4 Scope of application of the international cargo conventions
6.6.5 Liability system
6.6.6 Cargo claims and time limits
6.6.7 Limitation of carrier’s liability
6.6.8 Carrier’s liability for inspection and description of the goods
6.6.9 Date of bill of lading
6.6.10 Basic features of Hamburg Rules
6.7 Insurance matters
6.7.1 Liability against third parties
6.7.2 Cargo insurance and P&I cover
Chapter 7 Charter forms
7.1 General remarks about chartering
7.2 Liner and bulk shipping from chartering perspective
7.3 Types of charter
7.3.1 Voyage charter
7.3.2 Time charter
7.3.3 Bareboat charter
7.3.4 Consecutive voyage charter
7.3.5 Contract of affreightment
7.3.6 Space (slot) charter
7.4 Chartering documents
7.4.1 Approved and private chartering document forms
7.4.2 Charterparties
7.4.3 Transport documents
7.5 Management agreements
7.6 Cost allocation per charter type
7.7 “Charter chains”
Chapter 8 Chartering routines
8.1 Chartering negotiation procedure
8.1.1 Stage of investigation
8.1.2 Stage of negotiation
8.1.3 Follow-up stage
8.2 Special chartering routines
8.3 Rules of chartering negotiation: the Baltic Code of Ethics
Chapter 9 Basic legal knowledge on charterparties
9.1 General legal remarks
9.2 Contract law principles applying to charterparties
9.3 Contracting parties
9.4 Applicable law and legislation
9.5 Court proceedings and arbitration
9.5.1 Court proceedings
9.5.2 Arbitration
9.5.3 Arbitration or litigation (legal action)?
9.6 Evidence
9.7 Construction and interpretation of charter agreements
9.7.1 Design of the charterparty
9.7.2 Offers and acceptance, written or no particular charter form
9.7.3 “Subject” provisions
9.7.4 Construction and interpretation rules for charter documents
Chapter 10 Common charterparty clauses and concepts
10.1 Preamble of a charter contract
10.2 Parties to the contract
10.2.1 Identity of the parties
10.2.2 Substitution of owner or charterer
10.3 Signing of the agreement
10.4 Vessel
10.4.1 Nomination, identity and substitution
10.4.2 Trading limits
10.4.3 Seaworthiness
10.5 Lay/Can
10.5.1 “Lay”
10.5.2 “Can”
10.6 Cargo liability and “paramount clause”
10.7 War clauses
10.7.1 War cancellation clauses
10.7.2 War risk clauses
10.7.3 War risk clauses in voyage charters and time charters
10.8 Effect of cost variations on the contractual relationship
10.8.1 Currency clauses
10.8.2 Escalation clauses
10.8.3 Bunkers clauses
10.8.4 Other clauses dealing with cost allocation
10.8.5 Frustration of charter contract
10.9 Arbitration clauses
10.10 Time limits
10.11 Exception clauses
10.12 Maritime liens
10.13 Arrest of vessels
10.14 General average
10.15 Collision
10.16 International Safety Management Code (ISM)
10.17 Piracy
Chapter 11 Voyage charter
11.1 Definition
11.2 Vessel
11.2.1 Description of vessel
11.2.2 Specification of vessel’s cargo carrying capacity
11.3 Voyage
11.3.1 Nomination of ports – rotation
11.3.2 Safe port, safe berth, always afloat
11.3.3 Near clause
11.3.4 Ice clause
11.3.5 Sea voyage
11.3.6 Deviation
11.4 Cargo
11.4.1 Type, specification and condition of cargo
11.4.2 Cargo quantity
11.5 Freight
11.5.1 Fixing of the freight
11.5.2 Freight risk – when is the freight earned and payable?
11.5.3 Deadfreight
11.5.4 Payment of freight
11.5.5 Security for payment of freight
11.5.6 Brokerage
11.6 Loading and discharging
11.7 Laytime
11.8 Routines and allocation of costs
11.8.1 ETA notices
11.8.2 Allocation of costs
11.8.3 Strike clauses
11.8.4 Agents
11.9 Cesser and lien
11.9.1 Introduction
11.9.2 Is the cesser clause justified and valid?
11.9.3 Exercising the lien
11.9.4 Owners collecting from receivers or shippers
11.10 Cargo liability
11.10.1 Owners’ liability when voyage charterparty and bill of lading are involved
11.10.2 Liability against cargo owners
11.10.3 Cargo retention clauses
11.10.4 Redress
11.11 Damage to the vessel
11.12 Consecutive voyage charter
11.13 Voyage charter and liner business
Chapter 12 Time charter
12.1 Definition
12.2 Vessel
12.2.1 Description of vessel
12.2.2 Vessel’s cargo capacity
12.2.3 Vessel’s speed and bunker consumption
12.2.4 Vessel’s seaworthiness and maintenance
12.3 Trade
12.3.1 Geographical limits
12.3.2 Non-geographical limits
12.3.3 Breaking of trading limits
12.3.4 Requirements of the trade
12.3.5 Trip time charter
12.3.6 Ballast bonus
12.4 Cargo
12.4.1 Type and specification of cargo
12.4.2 Excluded cargo
12.5 Period
12.5.1 Length of period
12.5.2 Overlap/underlap – last voyage
12.5.3 Extension of flat period due to off-hire periods
12.5.4 Delivery and redelivery of vessel
12.5.5 When shall the vessel be delivered and redelivered?
12.5.6 Where shall the vessel be delivered and redelivered?
12.5.7 In what condition shall the vessel be delivered and redelivered?
12.5.8 Allocation of costs at delivery and redelivery
12.6 Hire
12.6.1 Fixing of hire
12.6.2 Payment of hire
12.6.3 Late payment of hire and owners’ security
12.6.4 Deductions from hire
12.6.5 Payment of last instalment of hire
12.7 Off-hire
12.7.1 Importance
12.7.2 Off-hire claim
12.7.3 Grounds for off-hire
12.7.4 Threshold rule
12.7.5 Loss of time
12.7.6 Loss of money; deduction of off-hire
12.7.7 Other obligations during off-hire periods
12.7.8 Insurance for loss of hire
12.8 Damages and pre-termination of charter
12.9 Routines and allocation of costs
12.9.1 Directions and instructions to the vessel
12.9.2 Master’s position
12.9.3 Customary assistance and overtime
12.9.4 Allocation of costs
12.9.5 Information
12.10 Cargo liability
12.10.1 Liability to cargo owners
12.10.2 Allocation of cargo liability between owners and charterers
12.11 Damage to the vessel
12.11.1 Vessel’s damage from bad weather, collision and grounding
12.11.2 Vessel’s damage from fuel oil
12.11.3 Vessel’s damage from cargo
12.11.4 Vessel’s damage from other causes
12.11.5 Repair of vessel’s damage
12.12 Protective clauses
Chapter 13 Bareboat charter and contract of affreightment
13.1 Bareboat charter
13.1.1 Definition
13.1.2 Vessel
13.1.3 Commercial operation and management of vessel
13.1.4 Navigation
13.1.5 Manning
13.1.6 Equipment and provisions
13.1.7 Insurances
13.1.8 Maintenance and repair
13.1.9 Assignment of charter or sub-demise or sale
13.1.10 Loading and discharging operation
13.1.11 Delivery of cargo
13.1.12 Hire
13.1.13 Lien and indemnity
13.1.14 Claims against third parties
13.1.15 Salvage and towage
13.1.16 Cost allocation
13.2 Contract of affreightment (CoA)
13.2.1 Definition
13.2.2 Period
13.2.3 Cargo
13.2.4 Vessels
13.2.5 Programme of shipments and nomination procedure
13.2.6 Individual clauses
13.2.7 Shipbrokers’ role
Chapter 14 Freight calculations
14.1 Voyage estimation
14.1.1 Voyage estimate form
14.1.2 Stages of voyage estimation
14.1.3 Voyage estimation example
14.2 Special estimations
14.2.1 Consecutive voyages, CoA and marginal estimations
14.2.2 Time charter estimations
14.2.3 Reefer estimations
14.2.4 Liner estimations
14.3 Tanker estimations
14.3.1 Worldscale
14.3.2 Worldscale practical examples
Chapter 15 Laytime calculations
15.1 Introduction
15.2 Time risk during sea voyage
15.3 Vessels’ ETA (Estimated Time of Arrival) Notices
15.4 Vessels’ arrival at the agreed destination
15.4.1 “Waiting for berth”
15.4.2 “Reachable on arrival” or “always accessible”
15.4.3 Clauses designed for specific ports
15.5 Vessels’ readiness
15.5.1 Principal rule
15.5.2 General exceptions from the principal rule
15.5.3 Agreed exceptions from the principal rule
15.6 Notice of vessels’ arrival and readiness
15.6.1 Written notice
15.6.2 Time of NoR provision
15.6.3 Sea notice
15.6.4 Lay/can
15.6.5 NoR in each port?
15.7 Notice time
15.7.1 Length of notice time
15.7.2 Notice time before the first layday
15.7.3 Laytime counting during notice time
15.8 Commencement of time counting
15.9 Laytime allowance
15.9.1 Definite laytime
15.9.2 Calculable laytime
15.9.3 Indefinite laytime
15.10 Laytime counting and exceptions
15.11 Final analysis and result of laytime
15.11.1 Demurrage and damages for detention
15.11.2 Despatch
15.12 Stages and documents of laytime calculations
15.13 Liquid and dry cargo laytime
15.13.1 Liquid cargo laytime calculations
15.13.2 Dry cargo laytime calculations
15.14 More than one charterer for a specific voyage
15.15 Importance of all charterparty provisions
15.16 Comparing “LaytimeDefinitions 2013” with “Voylayrules ’93”
15.17 Practical examples
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Tags: Anthony Papadopoulos, Evi Plomaritou, Chartering Practice