Ability:

• Ability to use analytical materials for the planning and evaluation of commercial voyages;
• Ability to apply international and national legislation to protect the commercial interests of a company;
• Ability to use the provisions of international conventions to protect the principal’s interests during the performance of a commercial voyage, including the rules governing the carriage of goods under bills of lading in accordance with the Hague Rules, Hague–Visby Rules, and Hamburg Rules;
• Ability to prepare and place offers on freight markets to find cargoes for vessels and to identify available vessels for the carriage of specific cargoes.

Knowledge

• Authorities and responsibilities of different types of ship agents and shipping agencies, as well as the rights of the master in relation to the agent;
• Principles of calculating port dues, charges, and services for different types of vessels and cargoes;
• International maritime laws implemented through international agreements and conventions, and national legislation governing their application.

Understanding

• Fundamentals of interaction among enterprises within the maritime industry involved in supporting maritime transportation;
• Provisions of voyage charters and time charters, including the calculation of laytime, excepted periods, working time, demurrage, and related matters;
• Principles and procedures for securing vessel employment through the international

The main objective of studying the course “Chartering of Seagoing Vessels” is to acquire knowledge in the field of water transport chartering, gain familiarity with the professional correspondence practices of shipbrokers, study standard charter party forms, current international conventions governing the carriage of goods by sea, and understand the specifics of contractual relationships among participants in maritime transportation, including shipbrokers, ship agents, shipowners, charterers, and traders.