July 11, 2023 | Circular No. 11551

Dear Member,

Further to our Circular Letter 11530, please see below for details of the second offering of the course on Principles of Ship Brokering and Chartering by the Marine Campus of the British Columbia Institute of Technology (BCIT).

 

ONLINE SHIP BROKERING AND CHARTERING
The courses are offered on  Jul 22nd ( Saturday) starting at 0900 hrs.

Link : https://www.bcit.ca/courses/basic-principles-in-ship-brokering-and-chartering-mrbu-0100/

MRBU 0100 (Basic Principles in Ship Brokering and Chartering)

Sat Jul 22 (9-12pm) CRN 69062

Total cost to student will be $308.30

Course Description:

This course will focus on an overview of the customary and regulatory business concepts in the marine industry, including Freight Markets and Market Practice; Chartering Contracts; Financial elements of Charter Parties covering different types of vessels such as dry bulk, tanker, liner, and containers.

The course is suitable for a broad range of maritime-related professionals, including ship officers, shore-based management, new entrants to the shipping industry, logistics and supply chain professionals, ship brokers, port agencies, insurance inspectors, banks’ representatives, and similar service organizations.

The course is also valuable to Classification Societies, Marine Insurers, P&I Club Managers, Port Authorities, and Coast Guard personnel, amongst others.

MRBU 0200 (Advanced Principles in Ship Brokering and Chartering). Prerequisite is to have completed MRBU 0100.

Sat Jul 22 (1-4pm) CRN 69063

Link: https://www.bcit.ca/courses/advanced-principles-in-ship-brokering-and-chartering-mrbu-0200/

This course begins with an overview of the basic principles in ship chartering and brokering, and in addition dives deeper into the details and concepts related to the Canadian marine practices, including Canada Freight and Logistics Market vs World Trades; Role of Canada Border Services Agency (CBSA); and Marine Carrier Code.

The course is suitable for a broad range of maritime-related professionals, including ship officers, shore-based management, new entrants to the shipping industry, logistics and supply chain professionals, ship brokers, port agencies, insurance inspectors, banks’ representatives, and similar service organizations.

Upon successful completion of both the basic and advanced courses, the students will be able to:

  1. demonstrate an understanding of advanced concepts and applicability of global freight markets and practices.
  2. have a thorough understanding related to building contracts, regulatory considerations, and global practices in Chartering Contracts.
  3. understand sales transactions between the shipper and receiver, banking practices, and advanced operation concepts related to financial elements of Charter Party agreements.
  4. understand the specific requirements related to each type of vessel and its cargoes, covering concepts related to cargo carriage, business practices, and applicability related to different vessel and cargo types such as bulk (coal, lumber, sulphur, grain, etc.), tankers (oil, chemical, LNG, LPG), liners, and containers.

For anyone who is interested in exploring additional training opportunities, the Shipping Federation offers a university-level program entitled the Certificate in Marine Transportation, which is composed of 5 marine courses focusing on key aspects of the commercial shipping industry.  All courses are available virtually, and can be taken either individually or as part of the certificate program.  Additional information can be found at this LINK. 

Sincerely,

Kaity Arsoniadis
Senior Policy Advisor
Shipping Federation of Canada