Second Year Subject Briefing
-: RISK MANAGEMENT & MARINE INSURANCE :-
Risk Management in Shipping, History of Marine Insurance, Principles of Insurance, Hull & Machinery Insurance, Cargo Insurance, Cargo Insurance – Basis of Rating, Types of Policies, General Average, Cargo Insurance Claims, Third party Liability insurance & P&I Clubs, GOI – Scheme of War Risk Insurance of Main Hull.
-: CHARTERING :-
Part I -: BASICS OF CHARTERING :- Introduction of Chartering, Types of Charterparties, Charter procedure & Ethics, Chartering terms / abbreviations, Chartering Negotiations, Dos & DON’Ts of Chartering.
Part II – DRY CARGO CHARTERING :- Dry Cargo Ships – Cargo Handling Equipment & Specialized vessels, Dry Cargo ship Tonnage, Loadlines, Dimensions and Cargoes, Freight markets & Market Practice, Standard charter party forms, Practical guidelines for chartering (Dry bulk cargoes), World Trades – Cargo & Commodities, Stowage & Stowage Factors, Intermediaries and Organizations, Chartering contracts, Bills of Lading & Bills of Lading issued under Charter party, Dry Cargo Fixtures, Time Chartering (Illustrations), Laytime Dry Cargo, Examples of Laytime, Voyage Estimating.
Part III -: TANKER CHARTERING :- Crude Oil/Type of Tanker ships and Cargo Handling, Crude oil – Sources, Trade & Properties, The Market Structure & Factors affecting Freight markets, “World Scale”, International Organizations, Tanker Fixtures, Tanker Time Charterparty, Tanker Voyage Charterparty, Lay Time Calculations in Tankers, Examples of Lay Time Calculations in Oil Tankers, Voyage Estimating (Tankers), Glossary of Tanker Shipping.
-: LOGISTIC MANAGEMENT :-
Overview of Logistics, Efficiency in Logistics. Supply Chain Management, Distribution Management, Inventory Control, Transport Management, Material handling, Warehousing & storage, Purchasing, International logistics, Logistics information systems, Customer service, Cold chain management. Liquid Logistics. Road, Rail & Air cargo procedures, Documentation. Logistics practices and related legislations.
–: LINER TRADE & MULTIMODAL TRANSPORT :- Liner Services, Cargoes in Liner Services, Players, Liner Structure, Liner Operations, Container Feedering, Container Terminals, Multi-modal transportation & Logistics, CFS, ICD, VGM, Liner Tariffs, Liner Documentation, Liner Insurance, Liner Agents.
-: LAW OF SEA TRANSPORT :- Comparison of the International Conventions relating to carriage of goods, including multimodal operations, Seaworthy Vessel, Care of Cargo, Deviation, Carriage of Goods by Sea Act 1925, Multimodal Transportation of Goods Act 1993 as Amended in 2000, Admiralty (Jurisdiction & Maritime Claims) Act 2017, Customs Act 1962, Maritime Frauds, Suppression of Unlawful Acts against the Safety of Maritime Navigation,
General Average and York Antwerp Rules 1974 as Amended In 2004, Salvage, International Salvage Convention, SCOPIC, Towage, Int. Convention On Civil Liability For Bunker Oil Pollution 2001 (Bunker Convention), Nairobi Wreck Removal Convention, London Dumping Convention, OPRC–HNS Protocol, Athens Convention, Merchant Shipping Act, 1958.